Domino’s Pizza Group (LON:DOM) Now Covered by Berenberg Bank

Berenberg Bank assumed coverage on shares of Domino’s Pizza Group (LON:DOM) in a report published on Tuesday,Digital Look reports. The firm issued a buy rating and a GBX 291 price target on the stock.

A number of other analysts also recently weighed in on DOM. Royal Bank Of Canada reaffirmed 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 note on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price objective on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Finally, Shore Capital Group raised Domino’s Pizza Group to a “buy” rating and set a GBX 270 target price on the stock in a report on Friday, August 21st. Four research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 235.17.

Domino’s Pizza Group Stock Up 4.8%

DOM stock opened at GBX 222.60 on Tuesday. Domino’s Pizza Group has a 52 week low of GBX 164.03 and a 52 week high of GBX 223.30. The business has a 50-day simple moving average of GBX 206.80 and a 200 day simple moving average of GBX 193.84. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99. The company has a market cap of £848.46 million, a PE ratio of 14.45, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22.

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

Insider Buying and Selling

In related news, insider Robyn Perriss purchased 4,850 shares of Domino’s Pizza Group stock in a transaction dated Thursday, September 17th. The shares were bought at an average cost of GBX 205 per share, for a total transaction of £9,942.50. Also, insider Ian Bull purchased 15,700 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost 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.