Peel Hunt Cuts Domino’s Pizza Group (LON:DOM) Price Target to GBX 325

Domino’s Pizza Group (LON:DOM) had its price target dropped by research analysts at Peel Hunt from GBX 350 ($4.57) to GBX 325 ($4.25) in a report released on Tuesday, January 29th. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s target price would suggest a potential upside of 32.11% from the company’s previous close.

DOM has been the subject of a number of other research reports. Liberum Capital reiterated a “sell” rating on shares of Domino’s Pizza Group in a report on Tuesday, January 29th. Berenberg Bank lowered their price target on shares of Domino’s Pizza Group from GBX 280 ($3.66) to GBX 250 ($3.27) and set a “hold” rating for the company in a report on Thursday, January 17th. UBS Group restated a “sell” rating and set a GBX 250 ($3.27) price target (down previously from GBX 270 ($3.53)) on shares of Domino’s Pizza Group in a report on Friday, October 12th. Finally, Royal Bank of Canada began coverage on shares of Domino’s Pizza Group in a report on Tuesday, December 4th. They set an “outperform” rating and a GBX 350 ($4.57) price target for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 340.27 ($4.45).

DOM opened at GBX 246.01 ($3.21) on Tuesday. Domino’s Pizza Group has a 1-year low of GBX 255.80 ($3.34) and a 1-year high of GBX 372.70 ($4.87).

In other Domino’s Pizza Group news, insider Simon Wallis sold 29,108 shares of Domino’s Pizza Group stock in a transaction on Friday, December 21st. The shares were sold at an average price of GBX 228 ($2.98), for a total transaction of £66,366.24 ($86,719.25).

Domino’s Pizza Group Company Profile

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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