DFS Furniture (LON:DFS) PT Lowered to GBX 120

DFS Furniture (LON:DFS) had its target price dropped by research analysts at Berenberg Bank from GBX 180 ($2.27) to GBX 120 ($1.52) in a report issued on Wednesday, MarketBeat reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 6.19% from the company’s previous close.

Separately, Shore Capital restated a “not rated” rating on shares of DFS Furniture in a research report on Wednesday, March 20th.

DFS Furniture Price Performance

Shares of DFS traded up GBX 0.20 ($0.00) during midday trading on Wednesday, hitting GBX 113 ($1.43). The company’s stock had a trading volume of 11,503 shares, compared to its average volume of 261,234. The stock has a market capitalization of £264.58 million, a price-to-earnings ratio of 1,136.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.60. DFS Furniture has a one year low of GBX 95.90 ($1.21) and a one year high of GBX 154.80 ($1.96). The company has a quick ratio of 0.10, a current ratio of 0.30 and a debt-to-equity ratio of 243.44. The company’s fifty day simple moving average is GBX 115.98 and its two-hundred day simple moving average is GBX 111.99.

About DFS Furniture

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.