Jefferies Group Raises DFS Furniture PLC (DFS) Price Target to GBX 280
DFS Furniture PLC (LON:DFS) had its target price upped by analysts at Jefferies Group from GBX 255 ($3.16) to GBX 280 ($3.47) in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 8.91% from the company’s previous close.
Other research analysts have also issued research reports about the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 280 ($3.47) price target on shares of DFS Furniture PLC in a report on Thursday, August 11th. Berenberg Bank cut their price target on DFS Furniture PLC from GBX 360 ($4.46) to GBX 310 ($3.84) and set a “buy” rating on the stock in a report on Monday, August 15th. Finally, Beaufort Securities reiterated a “hold” rating on shares of DFS Furniture PLC in a report on Friday, October 7th.
DFS Furniture PLC (LON:DFS) opened at 257.10 on Thursday. DFS Furniture PLC has a 12-month low of GBX 175.35 and a 12-month high of GBX 354.04. The company’s 50 day moving average price is GBX 264.28 and its 200-day moving average price is GBX 267.46. The firm’s market capitalization is GBX 547.01 million.
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The business also recently announced a dividend, which will be paid on Wednesday, December 28th. Stockholders of record on Thursday, December 8th will be issued a GBX 7.50 ($0.09) dividend. This represents a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, December 8th. This is a positive change from DFS Furniture PLC’s previous dividend of $3.50.
DFS Furniture PLC Company Profile
DFS Furniture plc, formerly Diamond Holdco 1 Limited, is the upholstery retailer in the United Kingdom. The Company designs, manufactures, sells, delivers and installs a range of upholstered and other furniture products for its customers. The Company offers over 10 unit types per range, and a range of materials with approximately 50 colors available.
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