Domino’s Pizza Group (LON:DOM) Upgraded at Shore Capital Group

Shore Capital Group upgraded shares of Domino’s Pizza Group (LON:DOM) to a buy rating in a research note released on Friday, MarketBeat reports. Shore Capital Group currently has GBX 270 price target on the stock.

A number of other research analysts have also issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a report on Wednesday, August 12th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 230 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Peel Hunt reissued a “buy” rating and issued a GBX 275 price objective on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 178 price objective on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Domino’s Pizza Group presently has a consensus rating of “Hold” and a consensus price target of GBX 224.

Domino’s Pizza Group Stock Performance

LON DOM opened at GBX 205.80 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99. Domino’s Pizza Group has a fifty-two week low of GBX 164.03 and a fifty-two week high of GBX 221.60. The business has a fifty day moving average of GBX 193.81 and a 200-day moving average of GBX 190.18. The stock has a market cap of £784.42 million, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOM) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 EPS for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. As a group, analysts predict that Domino’s Pizza Group will post 23.3281005 earnings per share for the current fiscal year.

Insider Buying and Selling at Domino’s Pizza Group

In other news, insider Ian Bull bought 15,700 shares of Domino’s Pizza Group stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average price of GBX 200 per share, for a total transaction of £31,400. Company insiders own 13.74% of the company’s stock.

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.