DFS Furniture (LON:DFS) Receives "Buy" Rating from Shore Capital Group

Key Points

• Analyst rating: Shore Capital reiterated a Buy on DFS and the stock carries a consensus Buy from three analysts with an average target of GBX 222.50, even after Jefferies and Berenberg trimmed their price targets but kept buy calls.
• Share price action: DFS rose 3.9% to GBX 120 on Tuesday but remains well below its 50‑day (GBX 178.14) and 200‑day (GBX 167.24) moving averages and closer to its 12‑month low (GBX 113) than its high (GBX 204).
• Key fundamentals: The company has a market cap of £277.3m, a PE of 11.65 and last quarter EPS of GBX 9.80, while leverage and liquidity are stretched (debt‑to‑equity 150.97, current ratio 0.27, quick ratio 0.10).

DFS Furniture (LON:DFS - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Shore Capital Group in a note issued to investors on Tuesday,London Stock Exchange reports.

DFS has been the subject of several other reports. Jefferies Financial Group decreased their price objective on DFS Furniture from GBX 230 to GBX 210 and set a "buy" rating for the company in a report on Monday, March 23rd. Berenberg Bank lowered their price target on shares of DFS Furniture from GBX 247 to GBX 235 and set a "buy" rating for the company in a research report on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, DFS Furniture presently has a consensus rating of "Buy" and an average target price of GBX 222.50.

DFS Furniture Trading Up 3.9%

Shares of LON:DFS traded up GBX 4.50 during trading on Tuesday, reaching GBX 120. 162,397 shares of the company were exchanged, compared to its average volume of 1,100,905. The business's fifty day simple moving average is GBX 178.14 and its 200-day simple moving average is GBX 167.24. The company has a debt-to-equity ratio of 150.97, a current ratio of 0.27 and a quick ratio of 0.10. DFS Furniture has a 12-month low of GBX 113 and a 12-month high of GBX 204. The firm has a market capitalization of £277.30 million, a PE ratio of 11.65, a P/E/G ratio of 0.56 and a beta of 1.26.

DFS Furniture (LON:DFS - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported GBX 9.80 earnings per share (EPS) for the quarter. DFS Furniture had a return on equity of 13.23% and a net margin of 3.27%. On average, research analysts anticipate that DFS Furniture will post 7.25545 EPS for the current year.

DFS Furniture Company Profile

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.

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