Domino’s Pizza Group (LON:DOM) PT Lowered to GBX 390 at Royal Bank of Canada

Domino’s Pizza Group (LON:DOM) had its price target decreased by Royal Bank of Canada from GBX 400 ($5.11) to GBX 390 ($4.98) in a report issued on Tuesday, Marketbeat Ratings reports. Royal Bank of Canada currently has an outperform rating on the stock.

A number of other research analysts have also issued reports on the stock. Numis Securities reiterated a buy rating and issued a GBX 480 ($6.13) price objective on shares of Domino’s Pizza Group in a report on Friday, April 19th. Shore Capital reiterated a buy rating on shares of Domino’s Pizza Group in a report on Tuesday, August 6th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of Buy and an average target price of GBX 431.25 ($5.51).

Domino’s Pizza Group Trading Up 3.3 %

DOM opened at GBX 303.40 ($3.87) on Tuesday. The company’s 50 day moving average is GBX 313.68 and its 200-day moving average is GBX 332.13. Domino’s Pizza Group has a 1-year low of GBX 275 ($3.51) and a 1-year high of GBX 402.60 ($5.14). The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of 9,124.00. The company has a market cap of £1.20 billion, a P/E ratio of 1,596.84, a PEG ratio of 5.24 and a beta of 0.97.

Domino’s Pizza Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 15th will be issued a GBX 3.50 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 1.13%. Domino’s Pizza Group’s dividend payout ratio (DPR) is presently 5,789.47%.

Insiders Place Their Bets

In other news, insider Ian Bull purchased 10,000 shares of the stock in a transaction on Tuesday, August 6th. The stock was purchased at an average price of GBX 294 ($3.75) per share, for a total transaction of £29,400 ($37,538.30). Company insiders own 16.32% of the company’s stock.

Domino’s Pizza Group Company Profile

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino's Pizza UK & IRL plc and changed its name to Domino's Pizza Group plc in May 2012.