Domino's Pizza Group (DOM) PT Raised to GBX 370 at Canaccord Genuity

Domino's Pizza Group (LON:DOM) had its target price hoisted by research analysts at Canaccord Genuity from GBX 360 ($4.85) to GBX 370 ($4.98) in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 12.12% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Peel Hunt reiterated a “buy” rating and set a GBX 400 ($5.38) price target on shares of Domino's Pizza Group in a report on Thursday. Liberum Capital reiterated a “sell” rating and set a GBX 250 ($3.36) price target on shares of Domino's Pizza Group in a report on Tuesday, October 10th. Numis Securities reiterated a “buy” rating and set a GBX 397 ($5.34) price target on shares of Domino's Pizza Group in a report on Tuesday, October 10th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 310 ($4.17) price target on shares of Domino's Pizza Group in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Domino's Pizza Group presently has an average rating of “Hold” and an average target price of GBX 328.55 ($4.42).

Domino's Pizza Group (LON:DOM) traded down GBX 8.70 ($0.12) during trading hours on Friday, reaching GBX 330 ($4.44). 3,938,866 shares of the company were exchanged, compared to its average volume of 1,640,000. Domino's Pizza Group has a 52 week low of GBX 255.80 ($3.44) and a 52 week high of GBX 394.70 ($5.31).

In other news, insider Rachel Osborne sold 17,661 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of GBX 339 ($4.56), for a total value of £59,870.79 ($80,579.80). Also, insider Simon Wallis sold 12,441 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of GBX 321 ($4.32), for a total transaction of £39,935.61 ($53,749.14).

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Domino's Pizza Group Company Profile

Domino’s Pizza Group plc is a United Kingdom-based pizza delivery company. The Company holds the franchise rights for the Domino’s brand in the United Kingdom, Republic of Ireland, Switzerland, Liechtenstein and Luxembourg. The Company’s segments are the UK, Ireland, Switzerland and international investments.

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