Royal Bank Of Canada Cuts Domino’s Pizza Group (LON:DOM) Price Target to GBX 250

Domino’s Pizza Group (LON:DOM) had its target price reduced by equities researchers at Royal Bank Of Canada from GBX 285 to GBX 250 in a research note issued on Friday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 33.76% from the stock’s previous close.

Several other equities analysts have also recently commented on DOM. Shore Capital reissued a “hold” rating on shares of Domino’s Pizza Group in a research report on Tuesday, November 25th. Peel Hunt lowered their target price on Domino’s Pizza Group from GBX 350 to GBX 275 and set a “buy” rating on the stock in a research note on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 285.

Domino’s Pizza Group Stock Performance

Shares of DOM stock opened at GBX 186.90 on Friday. The firm has a 50-day moving average of GBX 174.43 and a 200-day moving average of GBX 197.02. The company has a market cap of £713.23 million, a P/E ratio of 9.44, a P/E/G ratio of 5.24 and a beta of 0.95. The company has a debt-to-equity ratio of -562.33, a current ratio of 0.86 and a quick ratio of 0.83. Domino’s Pizza Group has a one year low of GBX 164.03 and a one year high of GBX 303.20.

Insiders Place Their Bets

In related news, insider Ian Bull bought 20,000 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average cost of GBX 172 per share, for a total transaction of £34,400. 13.70% of the stock is owned by corporate insiders.

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.