Domino’s Pizza Group (LON:DOM) Downgraded to “Sell” Rating by Deutsche Bank Aktiengesellschaft

Domino’s Pizza Group (LON:DOM) was downgraded by analysts at Deutsche Bank Aktiengesellschaft to a “sell” rating in a report released on Thursday, Marketbeat.com reports. They presently have a GBX 175 target price on the stock, down from their prior target price of GBX 235. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential downside of 4.40% from the company’s current price.

DOM has been the topic of several other reports. Royal Bank Of Canada cut their target price on Domino’s Pizza Group from GBX 285 to GBX 250 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Shore Capital Group reiterated a “hold” rating on shares of Domino’s Pizza Group in a research report on Tuesday, November 25th. Finally, Peel Hunt reduced their target price on Domino’s Pizza Group from GBX 350 to GBX 275 and set a “buy” rating on the stock in a research note on Tuesday, November 25th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 270.

Domino’s Pizza Group Trading Down 4.2%

LON:DOM traded down GBX 8.04 during midday trading on Thursday, reaching GBX 183.06. 2,184,808 shares of the stock traded hands, compared to its average volume of 3,020,846. The stock has a market capitalization of £698.58 million, a P/E ratio of 9.25, a PEG ratio of 5.24 and a beta of 1.16. The company has a debt-to-equity ratio of -280.73, a quick ratio of 0.83 and a current ratio of 0.78. The company has a fifty day moving average of GBX 187.21 and a 200 day moving average of GBX 188.61. Domino’s Pizza Group has a 12 month low of GBX 164.03 and a 12 month high of GBX 300.60.

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.