Maxim Group Increases Domino’s Pizza (NYSE:DPZ) Price Target to $315.00

Domino’s Pizza (NYSE:DPZ) had its target price upped by Maxim Group from $305.00 to $315.00 in a research report sent to investors on Friday, January 17th, BenzingaRatingsTable reports. They currently have a buy rating on the restaurant operator’s stock.

DPZ has been the subject of several other reports. Northcoast Research reaffirmed a hold rating on shares of Domino’s Pizza in a research report on Tuesday, November 26th. BTIG Research set a $325.00 price objective on Domino’s Pizza and gave the stock a buy rating in a research report on Wednesday, October 9th. Morgan Stanley upped their price objective on Domino’s Pizza from $287.00 to $333.00 and gave the stock an overweight rating in a research report on Thursday, December 19th. Wells Fargo & Co upped their price objective on Domino’s Pizza from $261.00 to $271.00 and gave the stock a market perform rating in a research report on Wednesday, October 9th. Finally, UBS Group reissued a sell rating on shares of Domino’s Pizza in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eighteen have assigned a buy rating to the stock. Domino’s Pizza has an average rating of Buy and a consensus price target of $299.54.

Shares of DPZ stock traded down $3.90 on Friday, hitting $275.51. 1,368,188 shares of the stock were exchanged, compared to its average volume of 640,131. The firm has a market capitalization of $11.27 billion, a P/E ratio of 30.41, a price-to-earnings-growth ratio of 1.94 and a beta of 0.52. The business has a 50-day moving average of $287.53 and a 200 day moving average of $265.80. Domino’s Pizza has a fifty-two week low of $220.90 and a fifty-two week high of $302.05.

In other Domino’s Pizza news, Director Andy Ballard sold 1,400 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $290.51, for a total value of $406,714.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director James A. Goldman sold 2,486 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $279.98, for a total value of $696,030.28. Following the completion of the sale, the director now owns 5,209 shares in the company, valued at approximately $1,458,415.82. The disclosure for this sale can be found here. 1.62% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Prime Capital Investment Advisors LLC bought a new position in shares of Domino’s Pizza during the third quarter worth approximately $27,000. Tobias Financial Advisors Inc. bought a new position in shares of Domino’s Pizza during the fourth quarter worth approximately $29,000. Doyle Wealth Management bought a new position in shares of Domino’s Pizza during the second quarter worth approximately $30,000. Private Ocean LLC bought a new position in shares of Domino’s Pizza during the third quarter worth approximately $30,000. Finally, Allred Capital Management LLC bought a new position in shares of Domino’s Pizza during the fourth quarter worth approximately $36,000. Institutional investors own 95.13% of the company’s stock.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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

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