Domino’s Pizza Group (LON:DOM) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Domino’s Pizza Group (LON:DOM) had its price target increased by analysts at JPMorgan Chase & Co. from GBX 145 to GBX 167 in a report issued on Wednesday,Digital Look reports. The brokerage currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 16.83% from the company’s current price.

DOM has been the topic of several other reports. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 178 price target on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Peel Hunt reissued a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Finally, Shore Capital Group reissued a “hold” rating and set a GBX 200 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 214.

Domino’s Pizza Group Stock Performance

LON:DOM opened at GBX 200.80 on Wednesday. The firm’s 50-day moving average is GBX 192.59 and its 200-day moving average is GBX 189.48. Domino’s Pizza Group has a 52-week low of GBX 164.03 and a 52-week high of GBX 221.60. The company has a debt-to-equity ratio of -656.99, a quick ratio of 0.83 and a current ratio of 0.67. The company has a market cap of £765.37 million, a price-to-earnings ratio of 13.39, a PEG ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOM) last released its earnings results 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%. Equities research analysts anticipate that Domino’s Pizza Group will post 23.3281005 earnings per share for the current year.

Insider Activity

In related news, insider Ian Bull bought 15,700 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was acquired at an average cost of GBX 200 per share, with a total value of £31,400. Insiders own 13.74% of the company’s stock.

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.