Domino’s Pizza Group’s (DOM) Outperform Rating Reiterated at Royal Bank of Canada

Domino’s Pizza Group (LON:DOM)‘s stock had its “outperform” rating restated by analysts at Royal Bank of Canada in a research note issued on Wednesday.

Other analysts have also recently issued reports about the company. UBS Group raised Domino’s Pizza Group to a “neutral” rating and lowered their target price for the stock from GBX 250 ($3.27) to GBX 245 ($3.20) in a research note on Thursday, January 10th. Peel Hunt reissued a “buy” rating on shares of Domino’s Pizza Group in a research note on Tuesday, January 22nd. Numis Securities reissued a “buy” rating and set a GBX 340 ($4.44) target price on shares of Domino’s Pizza Group in a research note on Tuesday. Liberum Capital reissued a “sell” rating and set a GBX 210 ($2.74) target price (down from GBX 250 ($3.27)) on shares of Domino’s Pizza Group in a research note on Monday, February 4th. Finally, Berenberg Bank cut Domino’s Pizza Group to a “sell” rating and lowered their target price for the stock from GBX 260 ($3.40) to GBX 220 ($2.87) in a research note on Friday, February 15th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 315.91 ($4.13).

LON DOM opened at GBX 228.02 ($2.98) on Wednesday. Domino’s Pizza Group has a 52-week low of GBX 220 ($2.87) and a 52-week high of GBX 390 ($5.10). The company has a debt-to-equity ratio of 407.21, a current ratio of 0.82 and a quick ratio of 0.72. The company has a market cap of $1.03 billion and a P/E ratio of 17.54.

In other news, insider Simon Wallis sold 29,108 shares of the stock in a transaction that occurred on Friday, December 21st. The stock was sold at an average price of GBX 228 ($2.98), for a total value of £66,366.24 ($86,719.25).

Domino’s Pizza Group Company Profile

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores in the United Kingdom, the Republic of Ireland, Switzerland, Luxembourg, and Liechtenstein. It also leases properties; and leases store equipment to franchisees. As of December 31, 2017, the company had 1,192 stores in the six European markets.

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Analyst Recommendations for Domino`s Pizza Group (LON:DOM)

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