Brokerages Set Domino’s Pizza Group PLC. (DOM) Target Price at $350.00

Shares of Domino’s Pizza Group PLC. (LON:DOM) have earned a consensus recommendation of “Hold” from the ten research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 350 ($4.57).

A number of equities research analysts have recently weighed in on DOM shares. Goodbody started coverage on Domino’s Pizza Group in a report on Tuesday, July 10th. They set a “buy” rating and a GBX 445 ($5.81) price target on the stock. Liberum Capital lifted their price target on Domino’s Pizza Group from GBX 250 ($3.27) to GBX 280 ($3.66) and gave the company a “sell” rating in a report on Thursday, July 26th. Peel Hunt reaffirmed a “buy” rating on shares of Domino’s Pizza Group in a report on Tuesday, July 31st. Numis Securities reaffirmed a “buy” rating on shares of Domino’s Pizza Group in a report on Tuesday, July 31st. Finally, UBS Group reaffirmed a “sell” rating on shares of Domino’s Pizza Group in a report on Friday, August 3rd.

In other news, insider David Bauernfeind bought 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 31st. The shares were purchased at an average price of GBX 279 ($3.65) per share, with a total value of £22,320 ($29,165.03).

Shares of DOM traded up GBX 3.10 ($0.04) during mid-day trading on Thursday, reaching GBX 292.40 ($3.82). 6,014,564 shares of the company’s stock traded hands, compared to its average volume of 2,470,000. Domino’s Pizza Group has a 12 month low of GBX 255.80 ($3.34) and a 12 month high of GBX 372.70 ($4.87).

Domino’s Pizza Group (LON:DOM) last released its quarterly earnings results on Tuesday, August 7th. The company reported GBX 7.80 ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 7.50 ($0.10) by GBX 0.30 ($0.00).

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, Luxembourg, and Liechtenstein. It also leases properties; and leases store equipment to franchisees. As of December 31, 2017, the company had 1,192 stores in the six European markets.

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

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