Domino's Pizza Group (LON:DOM) Given "Buy" Rating at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reiterated a "buy" rating for Domino's Pizza Group, setting a target price of GBX 380 ($5.05), indicating a potential upside of 77.49% from its previous close.
• Shore Capital also restated a "buy" rating for the company's shares on the same day, further supporting positive sentiment.
• Domino's Pizza Group's stock opened at GBX 214.10 ($2.85) and has fluctuated between a one-year low of GBX 196.20 and a high of GBX 356, emphasizing the stock's volatility.

Domino's Pizza Group (LON:DOM - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. They presently have a GBX 380 ($5.11) price objective on the stock. Jefferies Financial Group's price objective indicates a potential upside of 84.65% from the stock's previous close.

Separately, Shore Capital reissued a "buy" rating on shares of Domino's Pizza Group in a report on Tuesday, July 8th.

Domino's Pizza Group Stock Down 0.4%

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

Domino's Pizza Group (LON:DOM - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) EPS 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, sell-side analysts forecast that Domino's Pizza Group will post 23.3281005 earnings per share for the current year.

Insider Activity at Domino's Pizza Group

In other news, insider Ian Bull purchased 7,500 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average cost of GBX 212 ($2.85) per share, with a total value of £15,900 ($21,385.34). Insiders own 16.56% of the company's stock.

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.