Berenberg Bank Cuts DFS Furniture (LON:DFS) Price Target to GBX 235

DFS Furniture (LON:DFS) had its target price cut by Berenberg Bank from GBX 247 to GBX 235 in a research note published on Monday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Separately, Shore Capital Group reaffirmed a “no recommendation” rating on shares of DFS Furniture in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 222.50.

DFS Furniture Price Performance

Shares of LON:DFS opened at GBX 125.50 on Monday. DFS Furniture has a twelve month low of GBX 124 and a twelve month high of GBX 204. The stock’s 50 day moving average is GBX 182.08 and its 200-day moving average is GBX 167.69. The company has a quick ratio of 0.10, a current ratio of 0.27 and a debt-to-equity ratio of 150.97. The firm has a market capitalization of £290.01 million, a price-to-earnings ratio of 12.18, a PEG ratio of 0.56 and a beta of 1.26.

DFS Furniture (LON:DFS) last posted its quarterly earnings results on Thursday, March 19th. The company reported GBX 9.80 earnings per share (EPS) for the quarter. DFS Furniture had a net margin of 3.27% and a return on equity of 13.23%. Sell-side analysts forecast that DFS Furniture will post 7.25545 EPS for the current fiscal year.

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.