Shore Capital Reaffirms “No Recommendation” Rating for DFS Furniture (LON:DFS)

DFS Furniture (LON:DFS)‘s stock had its “no recommendation” rating reissued by equities research analysts at Shore Capital in a report issued on Tuesday,Digital Look reports.

DFS has been the topic of several other research reports. Berenberg Bank upped their price target on DFS Furniture from GBX 233 to GBX 241 and gave the stock a “buy” rating in a report on Thursday, September 25th. Jefferies Financial Group raised their target price on shares of DFS Furniture from GBX 190 to GBX 200 and gave the company a “buy” rating in a report on Thursday, October 2nd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 220.50.

DFS Furniture Price Performance

DFS Furniture stock opened at GBX 193.63 on Tuesday. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. DFS Furniture has a 52-week low of GBX 123.40 and a 52-week high of GBX 201. The firm has a market cap of £447.44 million, a PE ratio of 18.80, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The company’s 50 day moving average is GBX 167.35 and its two-hundred day moving average is GBX 160.88.

Insider Activity

In other news, insider Tony Buffin bought 33,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of GBX 160 per share, for a total transaction of £52,800. Insiders own 38.95% of the company’s stock.

About DFS Furniture

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.