Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Domino's Pizza Group (LON:DOM) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft has cut its target price for Domino's Pizza Group from GBX 400 ($5.32) to GBX 309 ($4.11), while still maintaining a "buy" rating on the stock.
• The company's current stock price opened at GBX 204 ($2.71), with analysts noting a potential upside of 51.47% based on Deutsche Bank's revised target.
• Domino's Pizza Group reported an earnings per share of GBX 8.40 ($0.11) in its last earnings announcement, and insiders are actively buying shares, indicating potential confidence in the company.

Domino's Pizza Group (LON:DOM - Free Report) had its price target reduced by Deutsche Bank Aktiengesellschaft from GBX 400 ($5.38) to GBX 309 ($4.16) in a research note released on Tuesday, Marketbeat reports. They currently have a buy rating on the stock.

Other analysts also recently issued research reports about the stock. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 ($5.11) price target on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday, August 5th.

Domino's Pizza Group Stock Down 0.4%

Shares of LON:DOM traded down GBX 0.80 ($0.01) during trading on Tuesday, hitting GBX 205.80 ($2.77). 2,325,265 shares of the company were exchanged, compared to its average volume of 1,957,349. The stock has a market capitalization of £803.13 million, a P/E ratio of 10.55, a PEG 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 12-month low of GBX 196.20 ($2.64) and a 12-month high of GBX 356 ($4.79). The firm's 50 day moving average price is GBX 248.82 and its 200-day moving average price is GBX 269.72.

Domino's Pizza Group (LON:DOM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) earnings per share for the quarter. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. On average, research analysts predict that Domino's Pizza Group will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Ian Bull acquired 7,500 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average cost of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,385.34). 16.56% of the stock is owned by corporate 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.