Numis Securities Reaffirms “Buy” Rating for Domino’s Pizza Group (DOM)

Numis Securities reaffirmed their buy rating on shares of Domino’s Pizza Group (LON:DOM) in a research note issued to investors on Tuesday.

Several other analysts have also issued reports on DOM. Liberum Capital increased their target price on Domino’s Pizza Group from GBX 250 ($3.24) to GBX 280 ($3.62) and gave the stock a sell rating in a report on Tuesday, April 24th. Peel Hunt reissued a buy rating and set a GBX 425 ($5.50) target price on shares of Domino’s Pizza Group in a report on Thursday, April 26th. Canaccord Genuity reissued a buy rating and set a GBX 425 ($5.50) target price on shares of Domino’s Pizza Group in a report on Thursday, April 26th. Citigroup lowered Domino’s Pizza Group to a neutral rating and increased their target price for the stock from GBX 280 ($3.62) to GBX 370 ($4.79) in a report on Monday, April 30th. Finally, Credit Suisse Group increased their target price on Domino’s Pizza Group from GBX 420 ($5.44) to GBX 450 ($5.83) and gave the stock an outperform rating in a report on Friday, May 4th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of GBX 384.78 ($4.98).

DOM opened at GBX 302.70 ($3.92) on Tuesday. Domino’s Pizza Group has a 52-week low of GBX 255.80 ($3.31) and a 52-week high of GBX 372.70 ($4.82).

Domino’s Pizza Group (LON:DOM) last released its earnings results on Tuesday, August 7th. The company reported GBX 7.80 ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 7.50 ($0.10) by GBX 0.30 ($0.00). Domino’s Pizza Group had a return on equity of 81.71% and a net margin of 17.82%.

The firm also recently disclosed a dividend, which will be paid on Friday, September 14th. Investors of record on Thursday, August 16th will be paid a GBX 4.05 ($0.05) dividend. The ex-dividend date is Thursday, August 16th. This is a positive change from Domino’s Pizza Group’s previous dividend of $3.75. This represents a yield of 1.41%.

In related news, insider Rachel Osborne sold 7,717 shares of the firm’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of GBX 377 ($4.88), for a total value of £29,093.09 ($37,660.96).

About Domino’s Pizza Group

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores in the United Kingdom, the Republic of Ireland, Switzerland, Luxembourg, and Liechtenstein. It also leases properties; and leases store equipment to franchisees. As of December 31, 2017, the company had 1,192 stores in the six European markets.

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Analyst Recommendations for Domino`s Pizza Group (LON:DOM)

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