Domino's Pizza (NYSE:DPZ) Price Target Raised to $220.00 at Deutsche Bank

Domino's Pizza (NYSE:DPZ) had its price target lifted by Deutsche Bank to $220.00 in a research report sent to investors on Thursday, January 11th. They currently have a buy rating on the restaurant operator’s stock.

A number of other analysts have also commented on DPZ. Maxim Group lifted their price target on Domino's Pizza from $240.00 to $250.00 and gave the stock a buy rating in a report on Thursday, January 11th. Zacks Investment Research lowered Domino's Pizza from a buy rating to a hold rating in a report on Tuesday, September 26th. Barclays lifted their price target on Domino's Pizza from $184.00 to $215.00 and gave the stock an equal weight rating in a report on Thursday, January 11th. Nomura lifted their price target on Domino's Pizza to $230.00 and gave the stock a buy rating in a report on Thursday, January 11th. Finally, Wells Fargo & Co reiterated a market perform rating and set a $210.00 price target (up from $204.00) on shares of Domino's Pizza in a report on Monday, October 2nd. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of $219.38.

Shares of Domino's Pizza (NYSE:DPZ) opened at $214.38 on Thursday. The company has a market capitalization of $9,410.00, a price-to-earnings ratio of 40.83, a P/E/G ratio of 1.81 and a beta of 0.45. Domino's Pizza has a fifty-two week low of $166.74 and a fifty-two week high of $221.91. The company has a current ratio of 1.49, a quick ratio of 1.39 and a debt-to-equity ratio of -1.13.

In other Domino's Pizza news, CFO Jeffrey D. Lawrence sold 17,000 shares of the business’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $184.87, for a total value of $3,142,790.00. Following the sale, the chief financial officer now directly owns 26,841 shares in the company, valued at $4,962,095.67. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 3.57% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Bank of Australia grew its position in shares of Domino's Pizza by 25.0% in the second quarter. Commonwealth Bank of Australia now owns 500 shares of the restaurant operator’s stock valued at $105,000 after purchasing an additional 100 shares in the last quarter. Toronto Dominion Bank grew its position in shares of Domino's Pizza by 12.2% in the second quarter. Toronto Dominion Bank now owns 590 shares of the restaurant operator’s stock valued at $125,000 after purchasing an additional 64 shares in the last quarter. Acrospire Investment Management LLC purchased a new position in shares of Domino's Pizza in the second quarter valued at $127,000. FNY Partners Fund LP purchased a new position in shares of Domino's Pizza in the third quarter valued at $158,000. Finally, Acadian Asset Management LLC grew its position in shares of Domino's Pizza by 3,482.1% in the fourth quarter. Acadian Asset Management LLC now owns 1,003 shares of the restaurant operator’s stock valued at $190,000 after purchasing an additional 975 shares in the last quarter. Hedge funds and other institutional investors own 94.20% of the company’s stock.

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Domino's Pizza Company Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

Analyst Recommendations for Domino's Pizza (NYSE:DPZ)

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