Berenberg Bank Forecasts Strong Price Appreciation for DFS Furniture (LON:DFS) Stock

DFS Furniture (LON:DFS) had its target price increased by stock analysts at Berenberg Bank from GBX 233 to GBX 241 in a report released on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 58.63% from the company’s current price.

DFS Furniture Stock Performance

Shares of DFS stock opened at GBX 151.93 on Thursday. The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38. The firm has a fifty day moving average price of GBX 155.73 and a 200 day moving average price of GBX 152.78. The company has a market cap of £350.48 million, a P/E ratio of 5,064.33, a PEG ratio of 0.56 and a beta of 1.58. DFS Furniture has a 12 month low of GBX 118 and a 12 month high of GBX 179.50.

DFS Furniture (LON:DFS) last issued its earnings results on Thursday, September 25th. The company reported GBX 3,358 EPS for the quarter. DFS Furniture had a negative net margin of 0.45% and a negative return on equity of 1.90%. Sell-side analysts predict that DFS Furniture will post 7.25545 earnings per share for the current fiscal year.

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.