Domino’s Pizza Group (LON:DOM) Stock Rating Reaffirmed as Buy by Shore Capital Group

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital Group in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 270 price target on the stock. Shore Capital Group‘s price objective suggests a potential upside of 24.42% from the stock’s current price.

DOM has been the subject of a number of other reports. Berenberg Bank initiated coverage on shares of Domino’s Pizza Group in a research note on Tuesday, October 6th. They set a “buy” rating and a GBX 291 price target for the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 target price on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 178 price target on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. JPMorgan Chase & Co. increased their price objective on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the stock an “underweight” rating in a research note on Wednesday, August 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 230 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 235.17.

Domino’s Pizza Group Stock Performance

LON:DOM opened at GBX 217 on Wednesday. The company has a market capitalization of £827.11 million, a P/E ratio of 14.09, a P/E/G ratio of 5.24 and a beta of 1.22. The company has a debt-to-equity ratio of -656.99, a current ratio of 0.67 and a quick ratio of 0.83. The business has a fifty day simple moving average of GBX 213 and a two-hundred day simple moving average of GBX 198.66. Domino’s Pizza Group has a 1 year low of GBX 164.03 and a 1 year high of GBX 238.29.

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

Insider Buying and Selling

In other news, insider Ian Bull acquired 15,700 shares of Domino’s Pizza Group stock in a transaction on Monday, August 10th. The stock was bought at an average price of GBX 200 per share, for a total transaction of £31,400. Also, insider Robyn Perriss bought 4,850 shares of the firm’s stock in a transaction on Thursday, September 17th. The shares were bought at an average price of GBX 205 per share, for a total transaction of £9,942.50. 11.76% of the stock is currently owned by company 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.