Shore Capital Group Reaffirms “Buy” Rating for DFS Furniture (LON:DFS)

DFS Furniture (LON:DFS)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital Group in a research report issued to clients and investors on Thursday, MarketBeat.com reports. They presently have a GBX 200 price target on the stock. Shore Capital Group’s price target indicates a potential upside of 39.86% from the stock’s previous close.

Several other analysts also recently weighed in on the stock. Berenberg Bank cut their price objective on shares of DFS Furniture from GBX 247 to GBX 235 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Jefferies Financial Group decreased their target price on shares of DFS Furniture from GBX 230 to GBX 210 and set a “buy” rating for the company in a research report on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 215.

DFS Furniture Stock Performance

Shares of DFS opened at GBX 143 on Thursday. The firm has a fifty day moving average of GBX 129.51 and a 200-day moving average of GBX 151.61. The company has a market cap of £331.07 million, a price-to-earnings ratio of 9.53, a price-to-earnings-growth ratio of 0.56 and a beta of 1.44. The company has a debt-to-equity ratio of 150.97, a quick ratio of 0.10 and a current ratio of 0.27. DFS Furniture has a 1 year low of GBX 113 and a 1 year high of GBX 204.

DFS Furniture Company Profile

DFS Group is the leading sofa retail specialist in the UK and since 1969 we’ve been passionate about making and selling high quality, great looking sofas.