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DFS Furniture (LON:DFS) Reaches New 12-Month High - Time to Buy?

DFS Furniture logo with Consumer Cyclical background

DFS Furniture plc (LON:DFS - Get Free Report)'s stock price hit a new 52-week high on Thursday . The company traded as high as GBX 176 ($2.36) and last traded at GBX 175.50 ($2.36), with a volume of 830406 shares trading hands. The stock had previously closed at GBX 165 ($2.22).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 233 ($3.13) price target on shares of DFS Furniture in a research report on Tuesday, July 1st.

Get Our Latest Report on DFS Furniture

DFS Furniture Trading Up 6.4%

The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35. The business has a fifty day simple moving average of GBX 164.94 and a 200 day simple moving average of GBX 146.18. The stock has a market capitalization of £404.43 million, a price-to-earnings ratio of -93.97, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58.

About DFS Furniture

(Get Free Report)

DFS Group is the leading sofa retail specialist in the UK and since 1969 we've been passionate about making and selling high quality, great looking sofas.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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