Domino’s Pizza Group (LON:DOM) Earns Outperform Rating from Royal Bank Of Canada

Domino’s Pizza Group (LON:DOM)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a research note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 230 price objective on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 18.56% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. raised their price target on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a report on Wednesday, August 12th. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Finally, Shore Capital Group reaffirmed a “hold” rating and set a GBX 200 price target on shares of Domino’s Pizza Group in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 210.

Domino’s Pizza Group Stock Up 0.7%

Shares of DOM stock opened at GBX 194 on Tuesday. The company’s fifty day simple moving average is GBX 193.33 and its two-hundred day simple moving average is GBX 189.80. Domino’s Pizza Group has a 52 week low of GBX 164.03 and a 52 week high of GBX 221.60. The stock has a market cap of £739.45 million, a P/E ratio of 12.93, a PEG ratio of 5.24 and a beta of 1.22. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99.

Domino’s Pizza Group (LON:DOM) last issued its earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share (EPS) for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. Analysts predict that Domino’s Pizza Group will post 23.3281005 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Ian Bull acquired 15,700 shares of Domino’s Pizza Group stock in a transaction on Monday, August 10th. The shares were bought at an average cost of GBX 200 per share, with a total value of £31,400. Corporate insiders own 13.74% of the company’s stock.

About Domino’s Pizza Group

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.