Domino's Pizza Group (DOM) Given New GBX 415 Price Target at Canaccord Genuity

Domino's Pizza Group (LON:DOM) had its target price boosted by equities research analysts at Canaccord Genuity from GBX 370 ($5.02) to GBX 415 ($5.63) in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price objective suggests a potential upside of 17.07% from the stock’s current price.

DOM has been the subject of a number of other reports. Numis Securities raised their price objective on shares of Domino's Pizza Group from GBX 397 ($5.38) to GBX 442 ($5.99) and gave the stock a “buy” rating in a research note on Friday, January 12th. Peel Hunt reissued a “buy” rating and set a GBX 400 ($5.42) price objective on shares of Domino's Pizza Group in a research note on Thursday, December 14th. Liberum Capital reissued a “sell” rating and set a GBX 250 ($3.39) price objective on shares of Domino's Pizza Group in a research note on Tuesday, October 10th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 310 ($4.20) price objective on shares of Domino's Pizza Group in a research note on Thursday, October 12th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 336.73 ($4.57).

Shares of Domino's Pizza Group (DOM) traded up GBX 8.80 ($0.12) on Friday, hitting GBX 354.50 ($4.81). 2,644,523 shares of the stock were exchanged, compared to its average volume of 1,860,000. Domino's Pizza Group has a fifty-two week low of GBX 255.80 ($3.47) and a fifty-two week high of GBX 394.70 ($5.35). The stock has a market cap of $1,680.00 and a PE ratio of 2,532.14.

In other news, insider Simon Wallis sold 12,441 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of GBX 321 ($4.35), for a total transaction of £39,935.61 ($54,157.32). Also, insider Rachel Osborne sold 17,661 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of GBX 339 ($4.60), for a total transaction of £59,870.79 ($81,191.74).

COPYRIGHT VIOLATION NOTICE: “Domino's Pizza Group (DOM) Given New GBX 415 Price Target at Canaccord Genuity” was originally published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2018/01/19/dominos-pizza-group-dom-given-new-gbx-415-price-target-at-canaccord-genuity.html.

About Domino's Pizza Group

Domino’s Pizza Group plc is a United Kingdom-based pizza delivery company. The Company holds the franchise rights for the Domino’s brand in the United Kingdom, Republic of Ireland, Switzerland, Liechtenstein and Luxembourg. The Company’s segments are the UK, Ireland, Switzerland and international investments.

Analyst Recommendations for Domino's Pizza Group (LON:DOM)

Receive News & Ratings for Domino's Pizza Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply