Domino’s Pizza Group (LON:DOM) PT Lowered to GBX 200 at Berenberg Bank
Domino’s Pizza Group (LON:DOM) had its price objective lowered by Berenberg Bank from GBX 210 ($2.74) to GBX 200 ($2.61) in a research report released on Tuesday, Digital Look reports. The brokerage currently has a sell rating on the stock.
Several other equities analysts also recently commented on the stock. Liberum Capital reissued a sell rating on shares of Domino’s Pizza Group in a research note on Wednesday, August 7th. UBS Group reissued a sell rating and issued a GBX 230 ($3.01) price objective on shares of Domino’s Pizza Group in a research note on Tuesday, August 6th. Canaccord Genuity reissued a buy rating and issued a GBX 300 ($3.92) price objective on shares of Domino’s Pizza Group in a research note on Tuesday, August 6th. Numis Securities reissued a buy rating on shares of Domino’s Pizza Group in a research note on Monday, June 3rd. Finally, Barclays dropped their price objective on shares of Domino’s Pizza Group from GBX 275 ($3.59) to GBX 265 ($3.46) and set an equal weight rating for the company in a research note on Thursday, August 8th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 270.63 ($3.54).
Shares of LON:DOM opened at GBX 235.60 ($3.08) on Tuesday. The company has a market cap of $1.09 billion and a price-to-earnings ratio of 28.39. The company has a debt-to-equity ratio of 9,124.00, a current ratio of 0.75 and a quick ratio of 0.61. The firm has a 50 day simple moving average of GBX 248.99 and a 200 day simple moving average of GBX 247.83. Domino’s Pizza Group has a one year low of GBX 220 ($2.87) and a one year high of GBX 301 ($3.93).
The firm also recently declared a dividend, which will be paid on Monday, October 7th. Stockholders of record on Thursday, September 5th will be paid a dividend of GBX 4.20 ($0.05) per share. This represents a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, September 5th. Domino’s Pizza Group’s payout ratio is currently 1.20%.
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, Germany, Iceland, Norway, and Sweden. It also leases properties; and leases store equipment to franchisees. The company operates 1,261 stores in the six European markets.
Further Reading: Does the discount rate affect the economy?
Receive News & Ratings for Domino's Pizza Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza Group and related companies with MarketBeat.com's FREE daily email newsletter.