Deutsche Bank Aktiengesellschaft Cuts Domino's Pizza Group (LON:DOM) Price Target to GBX 309

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 objective reduced by Deutsche Bank Aktiengesellschaft from GBX 400 ($5.38) to GBX 309 ($4.16) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

DOM has been the topic of several other research reports. Jefferies Financial Group restated a "buy" rating and set a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a research note on Tuesday. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday.

Domino's Pizza Group Stock Down 0.4%

Shares of LON:DOM traded down GBX 0.80 ($0.01) during trading on Tuesday, reaching GBX 205.80 ($2.77). 2,325,265 shares of the stock traded hands, compared to its average volume of 1,957,349. Domino's Pizza Group has a 52-week low of GBX 196.20 ($2.64) and a 52-week high of GBX 356 ($4.79). The stock has a market cap of £803.13 million, a P/E ratio of 10.55, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The stock has a 50-day moving average of GBX 248.82 and a two-hundred day moving average of GBX 269.88. The company has a debt-to-equity ratio of -562.33, a quick ratio of 0.83 and a current ratio of 0.86.

Domino's Pizza Group (LON:DOM - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) EPS for the quarter. Domino's Pizza Group had a negative return on equity of 67.25% and a net margin of 11.44%. As a group, sell-side analysts expect that Domino's Pizza Group will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity

In other Domino's Pizza Group news, insider Ian Bull acquired 7,500 shares of the stock in a transaction dated Tuesday, August 5th. The shares were purchased at an average price of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,385.34). 16.56% of the stock is currently 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.