DFS Furniture (LON:DFS) Reaches New 52-Week High – What’s Next?

DFS Furniture plc (LON:DFS) hit a new 52-week high on Thursday . The company traded as high as GBX 200 and last traded at GBX 196, with a volume of 1312280 shares trading hands. The stock had previously closed at GBX 195.

Analysts Set New Price Targets

DFS has been the topic of a number of recent research reports. Berenberg Bank boosted their price target on shares of DFS Furniture from GBX 241 to GBX 247 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Shore Capital reissued a “no recommendation” rating on shares of DFS Furniture in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 223.50.

DFS Furniture Stock Up 0.5%

The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. The firm’s 50 day moving average price is GBX 173.43 and its two-hundred day moving average price is GBX 162.72. The firm has a market cap of £455.24 million, a price-to-earnings ratio of 19.13, a P/E/G ratio of 0.56 and a beta of 1.58.

Insider Buying and Selling at DFS Furniture

In related news, insider Tony Buffin purchased 2,898 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average price of GBX 156 per share, for a total transaction of £4,520.88. 38.95% of the stock is currently owned by company insiders.

DFS Furniture Company Profile

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.