Domino's Pizza Group's (DOM) Buy Rating Reiterated at Shore Capital Group

Key Points

• Shore Capital reaffirmed its “buy” rating on Domino’s Pizza Group and maintained a GBX 270 price target, implying 16.78% potential upside.
• Analyst views remain mixed: four firms rate the stock a buy and two rate it a sell, resulting in a consensus “hold” rating and average target price of GBX 235.17.
• The shares opened at GBX 231.20 after falling 2.4%; insiders recently bought shares, including purchases by Ian Bull and Robyn Perriss, with insiders owning 11.76% of the company.

Domino's Pizza Group (LON:DOM - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Shore Capital Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 270 price target on the stock. Shore Capital Group's price target indicates a potential upside of 16.78% from the company's current price.

DOM has been the topic of several other research reports. Peel Hunt restated a "buy" rating and set a GBX 275 price target on shares of Domino's Pizza Group in a research note on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price objective on Domino's Pizza Group from GBX 145 to GBX 167 and gave the company an "underweight" rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating and issued a GBX 178 price objective on shares of Domino's Pizza Group in a research note on Wednesday, August 5th. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 230 target price on shares of Domino's Pizza Group in a report on Tuesday, August 18th. Finally, Berenberg Bank initiated coverage on shares of Domino's Pizza Group in a report on Tuesday, October 6th. They set a "buy" rating and a GBX 291 target price on the stock. Four analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of GBX 235.17.

Domino's Pizza Group Stock Down 2.4%

Shares of LON DOM opened at GBX 231.20 on Wednesday. Domino's Pizza Group has a 52-week low of GBX 164.03 and a 52-week high of GBX 238.29. The firm has a market capitalization of £881.24 million, a price-to-earnings ratio of 15.01, a PEG ratio of 5.24 and a beta of 1.22. The stock has a 50 day moving average price of GBX 211.70 and a 200 day moving average price of GBX 197.83. The company has a debt-to-equity ratio of -656.99, a quick ratio of 0.83 and a current ratio of 0.67.

Domino's Pizza Group (LON:DOM - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share for the quarter. Domino's Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. Sell-side analysts expect that Domino's Pizza Group will post 23.33 earnings per share for the current year.

Insider Buying and Selling at Domino's Pizza Group

In related news, insider Ian Bull bought 15,700 shares of the company's stock in a transaction on Monday, August 10th. The shares were acquired at an average price of GBX 200 per share, with a total value of £31,400. Also, insider Robyn Perriss purchased 4,850 shares of the business's stock in a transaction dated Thursday, September 17th. The stock was bought at an average price of GBX 205 per share, for a total transaction of £9,942.50. 11.76% of the stock is currently owned by company 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.

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