Royal Bank Of Canada Has Lowered Expectations for Domino’s Pizza Group (LON:DOM) Stock Price

Domino’s Pizza Group (LON:DOM) had its target price reduced by Royal Bank Of Canada from GBX 285 to GBX 250 in a research note issued to investors on Friday, MarketBeat Ratings reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 33.76% from the company’s current price.

A number of other equities research analysts have also recently issued reports on DOM. Peel Hunt cut their price objective on shares of Domino’s Pizza Group from GBX 350 to GBX 275 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Shore Capital reissued a “hold” rating on shares of Domino’s Pizza Group 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 285.

Domino’s Pizza Group Price Performance

Shares of DOM opened at GBX 186.90 on Friday. Domino’s Pizza Group has a 1 year low of GBX 164.03 and a 1 year high of GBX 303.20. The company has a debt-to-equity ratio of -562.33, a current ratio of 0.86 and a quick ratio of 0.83. The stock has a 50 day simple moving average of GBX 174.43 and a two-hundred day simple moving average of GBX 197.02. The firm 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.

Insider Activity

In other Domino’s Pizza Group news, insider Ian Bull purchased 20,000 shares of Domino’s Pizza Group stock in a transaction that occurred on Wednesday, December 3rd. The shares were bought at an average price of GBX 172 per share, for a total transaction of £34,400. 13.70% of the stock is owned by insiders.

Domino’s Pizza Group Company Profile

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.