Canaccord Genuity Increases Domino's Pizza Group PLC. Price Target to GBX 650 (DOM)
Equities researchers at Canaccord Genuity raised their price objective on shares of Domino's Pizza Group PLC. (LON:DOM) from GBX 640 ($10.87) to GBX 650 ($11.04) in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. Canaccord Genuity’s price target would indicate a potential upside of 17.75% from the company’s current price.
DOM has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Domino's Pizza Group PLC. in a research note on Wednesday. They now have a GBX 552 ($9.37) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Domino's Pizza Group PLC. in a research note on Wednesday. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Domino's Pizza Group PLC. in a research note on Tuesday. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Domino's Pizza Group PLC. presently has a consensus rating of “Buy” and an average price target of GBX 590.18 ($10.02).
Shares of Domino's Pizza Group PLC. (LON:DOM) traded up 0.91% during mid-day trading on Thursday, hitting GBX 552.00. 485,226 shares of the company’s stock traded hands. Domino's Pizza Group PLC. has a 1-year low of GBX 462.50 and a 1-year high of GBX 624.50. The stock’s 50-day moving average is GBX 534.2 and its 200-day moving average is GBX 533.5. The company’s market cap is £911.3 million.
The company also recently announced a dividend, which is scheduled for Friday, September 5th. Shareholders of record on Wednesday, August 6th will be paid a dividend of GBX 7.81 ($0.13) per share. This represents a dividend yield of 1.43%. The ex-dividend date is Wednesday, August 6th.
Domino’s Pizza Group plc is a pizza delivery company and holds the master franchise to own, operate and franchise Domino’s Pizza stores.
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