Domino’s Pizza Group (LON:DOM) Stock Rating Upgraded by Shore Capital Group

Domino’s Pizza Group (LON:DOM) was upgraded by Shore Capital Group to a “buy” rating in a research note issued on Friday,London Stock Exchange reports. The brokerage presently has a GBX 270 price target on the stock. Shore Capital Group’s price objective would indicate a potential upside of 33.80% from the stock’s previous close.

Several other research analysts have also recently issued reports on DOM. JPMorgan Chase & Co. lifted their target price on 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. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 230 price target on shares of Domino’s Pizza Group in a research report on Tuesday. Peel Hunt restated a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a research note on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 178 price objective on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 224.

Domino’s Pizza Group Trading Up 3.5%

DOM opened at GBX 201.80 on Friday. The stock has a market cap of £769.18 million, a PE ratio of 13.45, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99. Domino’s Pizza Group has a twelve month low of GBX 164.03 and a twelve month high of GBX 221.60. The company has a fifty day moving average of GBX 193.55 and a 200-day moving average of GBX 190.02.

Domino’s Pizza Group (LON:DOM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 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 predict that Domino’s Pizza Group will post 23.3281005 EPS for the current year.

Insider Activity at Domino’s Pizza Group

In other news, insider Ian Bull bought 15,700 shares of the company’s stock in a transaction on Monday, August 10th. The shares were purchased at an average price of GBX 200 per share, with a total value of £31,400. 13.74% of the stock is currently owned by corporate insiders.

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.