Royal Bank Of Canada Cuts Domino’s Pizza Group (LON:DOM) Price Target to GBX 250

Domino’s Pizza Group (LON:DOM) had its price objective reduced by Royal Bank Of Canada from GBX 285 to GBX 250 in a research note issued to investors on Friday morning, Marketbeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other research firms also recently commented on DOM. Peel Hunt lowered their target price on shares of Domino’s Pizza Group from GBX 350 to GBX 275 and set a “buy” rating on the stock in a report on Tuesday, November 25th. Shore Capital reissued a “hold” rating on shares of Domino’s Pizza Group in a research note on Tuesday, November 25th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Domino’s Pizza Group has an average rating of “Moderate Buy” and a consensus target price of GBX 285.

Domino’s Pizza Group Price Performance

Shares of DOM opened at GBX 184.50 on Friday. Domino’s Pizza Group has a 1-year low of GBX 164.03 and a 1-year high of GBX 303.20. The firm has a fifty day simple moving average of GBX 174.60 and a two-hundred day simple moving average of GBX 195.75. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of -562.33. The firm has a market cap of £704.07 million, a PE ratio of 9.32, a P/E/G ratio of 5.24 and a beta of 0.95.

Insiders Place Their Bets

In related news, insider Ian Bull bought 20,000 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average cost of GBX 172 per share, with a total value of £34,400. Company insiders own 13.70% of the company’s stock.

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.