Jefferies Financial Group Cuts DFS Furniture (LON:DFS) Price Target to GBX 210

DFS Furniture (LON:DFS) had its target price dropped by investment analysts at Jefferies Financial Group from GBX 230 to GBX 210 in a report issued on Monday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 56.72% from the company’s current price.

A number of other equities analysts have also weighed in on the stock. Shore Capital Group reiterated a “no recommendation” rating on shares of DFS Furniture in a report on Tuesday, January 20th. Berenberg Bank dropped their price objective on DFS Furniture from GBX 247 to GBX 235 and set a “buy” rating for the company in a report on Monday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 222.50.

DFS Furniture Trading Down 3.2%

Shares of DFS stock traded down GBX 4.50 during trading hours on Monday, hitting GBX 134. 712,582 shares of the company were exchanged, compared to its average volume of 1,169,495. The firm has a market cap of £309.65 million, a PE ratio of 13.01, a PEG ratio of 0.56 and a beta of 1.26. DFS Furniture has a 1 year low of GBX 124 and a 1 year high of GBX 204. The company has a quick ratio of 0.10, a current ratio of 0.27 and a debt-to-equity ratio of 150.97. The firm has a fifty day moving average of GBX 185.28 and a 200 day moving average of GBX 168.23.

DFS Furniture (LON:DFS) last released its earnings results on Thursday, March 19th. The company reported GBX 9.80 earnings per share (EPS) for the quarter. DFS Furniture had a net margin of 3.27% and a return on equity of 13.23%. Analysts expect that DFS Furniture will post 7.25545 earnings per share for the current year.

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.