Domino’s Pizza Group (LON:DOM) had its price objective cut by research analysts at Liberum Capital from GBX 190 ($2.48) to GBX 180 ($2.35) in a research note issued on Thursday, ThisIsMoney.Co.Uk reports. The brokerage presently has a “sell” rating on the stock. Liberum Capital’s price objective indicates a potential downside of 28.71% from the stock’s previous close.
DOM has been the topic of a number of other reports. Royal Bank of Canada restated an “outperform” rating on shares of Domino’s Pizza Group in a research report on Wednesday, March 13th. Peel Hunt reaffirmed a “buy” rating on shares of Domino’s Pizza Group in a research note on Tuesday, February 12th. Berenberg Bank lowered shares of Domino’s Pizza Group to a “sell” rating and decreased their price target for the company from GBX 260 ($3.40) to GBX 220 ($2.87) in a research note on Friday, February 15th. UBS Group reaffirmed a “neutral” rating on shares of Domino’s Pizza Group in a research note on Tuesday, March 12th. Finally, Canaccord Genuity decreased their price target on shares of Domino’s Pizza Group from GBX 425 ($5.55) to GBX 350 ($4.57) and set a “buy” rating on the stock in a research note on Wednesday, January 30th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 295.50 ($3.86).
LON:DOM opened at GBX 252.50 ($3.30) on Thursday. Domino’s Pizza Group has a 52 week low of GBX 220 ($2.87) and a 52 week high of GBX 390 ($5.10). The company has a debt-to-equity ratio of 9,124.00, a quick ratio of 0.55 and a current ratio of 0.69. The stock has a market cap of $1.17 billion and a PE ratio of 24.75.
In related news, insider Ian Bull purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were purchased at an average cost of GBX 244 ($3.19) per share, with a total value of £24,400 ($31,882.92).
Domino’s Pizza Group Company Profile
Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores in the United Kingdom, the Republic of Ireland, Switzerland, Germany, Iceland, Norway, and Sweden. It also leases properties; and leases store equipment to franchisees. The company operates 1,261 stores in the six European markets.
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