Domino's Pizza Group's (DOM) "Outperform" Rating Reaffirmed at Royal Bank Of Canada

Key Points

• Royal Bank of Canada reaffirmed its “outperform” rating on Domino’s Pizza Group and maintained a GBX 230 price target, implying 18.56% potential upside from the current price.
• Analyst sentiment is mixed: the stock has a consensus “Hold” rating and an average target price of GBX 210, with ratings ranging from “Buy” to “Sell.”
• Domino’s shares rose 0.7% to open at GBX 194, while insider Ian Bull purchased 15,700 shares at GBX 200 each, worth £31,400.

Domino's Pizza Group (LON:DOM - Get Free Report)'s stock had its "outperform" rating reaffirmed by Royal Bank Of Canada in a report released on Tuesday,Digital Look reports. They currently have a GBX 230 price target on the stock. Royal Bank Of Canada's price target would suggest a potential upside of 18.56% from the company's current price.

A number of other analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating and issued a GBX 178 target price on shares of Domino's Pizza Group in a research report on Wednesday, August 5th. Shore Capital Group reissued a "hold" rating and set a GBX 200 price target on shares of Domino's Pizza Group in a research report on Tuesday, August 4th. Peel Hunt reissued a "buy" rating and set a GBX 275 price objective on shares of Domino's Pizza Group in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Domino's Pizza Group from GBX 145 to GBX 167 and gave the stock an "underweight" rating in a report on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of GBX 210.

Domino's Pizza Group Trading Up 0.7%

Shares of DOM stock opened at GBX 194 on Tuesday. The business has a 50-day moving average price of GBX 193.33 and a two-hundred day moving average price of GBX 189.80. Domino's Pizza Group has a 12-month low of GBX 164.03 and a 12-month high of GBX 221.60. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99. The firm has a market cap of £739.45 million, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22.

Domino's Pizza Group (LON:DOM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 EPS for the quarter. Domino's Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. Equities analysts anticipate that Domino's Pizza Group will post 23.3281005 EPS for the current fiscal year.

Insider Activity at Domino's Pizza Group

In related news, insider Ian Bull bought 15,700 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost of GBX 200 per share, with a total value of £31,400. 13.74% of the stock is owned by 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. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.

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