Domino’s Pizza Group’s (DOM) Buy Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their buy rating on shares of Domino’s Pizza Group (LON:DOM) in a research note released on Wednesday,Digital Look reports. Shore Capital Group currently has a GBX 270 price objective on the stock.

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

Domino’s Pizza Group Price Performance

LON DOM opened at GBX 217 on Wednesday. Domino’s Pizza Group has a fifty-two week low of GBX 164.03 and a fifty-two week high of GBX 238.29. The stock’s 50-day moving average is GBX 213 and its two-hundred day moving average is GBX 198.66. 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 firm has a market cap of £827.11 million, a P/E ratio of 14.09, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 earnings per share 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 anticipate that Domino’s Pizza Group will post 23.33 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Ian Bull bought 15,700 shares of the company’s stock in a transaction dated 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 business’s stock in a transaction on Thursday, September 17th. The shares were acquired 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 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.