Domino's Pizza Group (LON:DOM) Price Target Cut to GBX 285 by Analysts at Royal Bank Of Canada

Key Points

• Royal Bank of Canada has revised its price target for Domino's Pizza Group from GBX 350 ($4.71) to GBX 285 ($3.83), indicating a potential upside of 36.72% based on the company's previous close.
• Domino's Pizza Group's stock has experienced fluctuations, with shares currently priced at GBX 208.45 ($2.80), significantly below both the revised target and the company's one-year high of GBX 356 ($4.79).
• Insider trading activity was noted with Ian Bull acquiring 7,500 shares at an average cost of GBX 212 ($2.85), contributing to insider ownership of 16.56% in the company.

Domino's Pizza Group (LON:DOM - Get Free Report) had its target price decreased by Royal Bank Of Canada from GBX 350 ($4.71) to GBX 285 ($3.83) in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The brokerage presently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective suggests a potential upside of 38.48% from the company's previous close.

A number of other research analysts also recently issued reports on the stock. 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 report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lowered their target price on Domino's Pizza Group from GBX 400 ($5.38) to GBX 309 ($4.16) and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Finally, Shore Capital reiterated an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday, August 5th.

Domino's Pizza Group Stock Performance

Shares of Domino's Pizza Group stock traded down GBX 0.80 ($0.01) on Thursday, reaching GBX 205.80 ($2.77). 2,325,265 shares of the stock were exchanged, compared to its average volume of 1,957,349. 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 has a twelve month low of GBX 196.20 ($2.64) and a twelve month high of GBX 356 ($4.79). The firm has a market capitalization of £803.13 million, a price-to-earnings ratio of 10.55, a PEG ratio of 5.24 and a beta of 0.95. The business has a 50 day moving average price of GBX 248.82 and a two-hundred day moving average price of GBX 269.72.

Domino's Pizza Group (LON:DOM - Get Free Report) last announced its quarterly earnings data 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%. Analysts anticipate that Domino's Pizza Group will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ian Bull bought 7,500 shares of the firm'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, for a total transaction of £15,900 ($21,385.34). 16.56% of the stock is currently owned by corporate 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.