Berenberg Seems to Have Gained Confidence In Domino’s Pizza Group PLC (LON:DOM), Upgrades Stocks


Domino’s Pizza Group PLC (LON:DOM) Stock Upgrade

Shares of Domino’s Pizza Group PLC (LON:DOM) stock were increased to a “Buy” by investment advisers at Berenberg, who now have a PT set at GBX 1200.00 on DOM. This target is 21.77% from DOM’s current share price.

From a total of 8 analysts covering Domino’s Pizza Group PLC (LON:DOM) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 1170 while the lowest target price is GBX 770. The mean of all analyst targets is GBX 989.63 with a -0.02% below today’s (GBX 985.48) stock price. Domino’s Pizza Group PLC was the topic of 18 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on December 16 with “Buy” rating. N+1 Singer upgraded shares to “Buy” rating and GBX 1000 target share price in a report from an October 14. Barclays Capital maintained DOM stock in a recent report from December 16 with “Overweight” rating. Berenberg downgraded the rating on August 3. Berenberg has a “Hold” rating and a GBX 900 price target on shares. Finally, Beaufort Securities maintained the stock with “Buy” rating in a report issued on an October 15.

The stock decreased 0.46% or GBX 4.52 on December 16, striking GBX 985.48. Approximately shares of stock traded hands. Domino’s Pizza Group PLC. (LON:DOM) has risen 22.68% since May 20, 2015 and is uptrending. It has outperformed by 24.94% the S&P500.

 Berenberg Seems to Have Gained Confidence In Domino's Pizza Group PLC (LON:DOM), Upgrades Stocks

Domino’s Pizza Group plc is a United Kingdom pizza delivery company. The company has a market cap of 1.61 billion GBP. The Firm operates in four geographical business divisions, which include United Kingdom, Ireland, Germany and Switzerland. It has 34.03 P/E ratio. The Firm operates approximately 894 stores across its four markets, of which 813 are in United Kingdom; 48 in Republic of Ireland; 22 in Germany, and 11 in Switzerland.

According to Zacks Investment Research, “Dominion Resources Black Warrior Trust is engaged in the acquisition and holding certain overriding royalty interests of natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama.”