Domino’s Pizza Group’s (DOM) Buy Rating Reaffirmed at Berenberg Bank

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a report issued on Thursday, Digital Look reports. They currently have a GBX 291 price target on the stock. Berenberg Bank‘s price objective would suggest a potential upside of 34.10% from the company’s current price.

DOM has been the subject of several other research reports. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 230 target price on shares of Domino’s Pizza Group in a research note on Tuesday, August 18th. Peel Hunt reiterated a “buy” rating and set a GBX 275 price target on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Shore Capital Group reissued a “buy” rating and issued a GBX 270 price target on shares of Domino’s Pizza Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 178 price objective on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 235.17.

Domino’s Pizza Group Stock Performance

Domino’s Pizza Group stock traded up GBX 0.40 during mid-day trading on Thursday, reaching GBX 217. The company’s stock had a trading volume of 49,615,129 shares, compared to its average volume of 4,712,223. The firm’s fifty 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. Domino’s Pizza Group has a 12-month low of GBX 164.03 and a 12-month high of GBX 238.29. The company has a market capitalization of £827.11 million, a P/E ratio of 14.09, a PEG ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOM) last posted its earnings results 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%. Sell-side analysts predict that Domino’s Pizza Group will post 23.33 EPS for the current fiscal 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 dated Monday, August 10th. The stock was purchased at an average price of GBX 200 per share, for a total transaction of £31,400. Also, insider Robyn Perriss acquired 4,850 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were acquired at an average cost of GBX 205 per share, with a total value of £9,942.50. 11.76% of the stock is owned by corporate insiders.

Domino’s Pizza Group Company Profile

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.