Domino’s Pizza Group’s (DOM) “Buy” Rating Reaffirmed at Shore Capital Group

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital Group in a research note issued on Wednesday, Digital Look reports. They presently have a GBX 270 price target on the stock. Shore Capital Group‘s target price suggests a potential upside of 25.35% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research report on Wednesday, August 12th. Peel Hunt restated a “buy” rating and set a GBX 275 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Berenberg Bank started coverage on shares of Domino’s Pizza Group in a report on Tuesday, October 6th. They issued a “buy” rating and a GBX 291 price target on the stock. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 230 target price on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Domino’s Pizza Group currently has an average rating of “Hold” and an average price target of GBX 235.17.

Domino’s Pizza Group Stock Performance

Shares of Domino’s Pizza Group stock traded down GBX 1.21 on Wednesday, reaching GBX 215.39. The stock had a trading volume of 1,903,626 shares, compared to its average volume of 4,480,614. The business’s 50-day moving average price is GBX 212.64 and its two-hundred day moving average price is GBX 198.53. The company has a debt-to-equity ratio of -656.99, a quick ratio of 0.83 and a current ratio of 0.67. The stock has a market cap of £820.97 million, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. Domino’s Pizza Group has a fifty-two week low of GBX 164.03 and a fifty-two week high of GBX 238.29.

Domino’s Pizza Group (LON:DOM) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 earnings per share (EPS) for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. On average, sell-side analysts forecast that Domino’s Pizza Group will post 23.33 EPS for the current year.

Insider Transactions at Domino’s Pizza Group

In other Domino’s Pizza Group news, insider Ian Bull purchased 15,700 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average cost of GBX 200 per share, with a total value of £31,400. Also, insider Robyn Perriss bought 4,850 shares of the stock in a transaction on Thursday, September 17th. The shares were acquired at an average cost of GBX 205 per share, for a total transaction of £9,942.50. Corporate insiders own 11.76% of the company’s stock.

About Domino’s Pizza Group

Domino’s Pizza is the UK’s leading pizza brand and a major player in the Republic of Ireland.

We are part of the global Domino’s system, the biggest pizza delivery operator in the world. We hold the exclusive master franchise rights in the UK & Ireland under a long term agreement with Domino’s Pizza International Franchising Inc, the international arm of Domino’s Pizza Inc, which owns the Domino’s brand. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.