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 reissued by Shore Capital Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 270 price target on the stock. Shore Capital Group‘s price target indicates a potential upside of 19.26% from the stock’s current price.

A number of other equities research analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 178 target price on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Peel Hunt reiterated a “buy” rating and issued a GBX 275 price objective on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price objective 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. Berenberg Bank started coverage on Domino’s Pizza Group in a research note on Tuesday, October 6th. They set a “buy” rating and a GBX 291 price objective for the company. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 230 target price 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza Group has an average rating of “Hold” and a consensus target price of GBX 235.17.

Domino’s Pizza Group Stock Performance

DOM traded up GBX 2.20 during trading hours on Wednesday, hitting GBX 226.40. The stock had a trading volume of 515,610 shares, compared to its average volume of 4,676,227. The company’s fifty day simple moving average is GBX 213.30 and its 200 day simple moving average is GBX 195.19. Domino’s Pizza Group has a 1 year low of GBX 164.03 and a 1 year high of GBX 238.29. The stock has a market cap of £862.94 million, a PE ratio of 14.70, 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 (LON:DOM) last announced its quarterly earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. Equities analysts anticipate that Domino’s Pizza Group will post 23.33 earnings per share for the current year.

Insider Transactions at Domino’s Pizza Group

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