A statement released earlier today by Maxim Group about Domino's Pizza (NYSE:DPZ) bumps the target price to $162.00
- Updated: October 19, 2016
Maxim Group bumped up the target of Domino's Pizza (NYSE:DPZ) to $162.00 indicating a possible upside of 0.02%.
Previously on 10/17/2016, Zacks Investment Research reported on Domino's Pizza (NYSE:DPZ) raised the target price from $0.00 to $169.00. At the time, this indicated a possible upside of 0.12%.
Yesterday Domino's Pizza (NYSE:DPZ) traded 0.96% higher at $159.45. The company’s 50-day moving average is $151.48 and its 200-day moving average is $137.95. The last closing price is up 16.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 147,230 shares of the stock were exchanged, down from an average trading volume of 613,822
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Domino's Pizza has a 52 week low of $100.59 and a 52 week high of $163.73 with a P/E ratio of 43.33 Domino's Pizza’s market capitalization is currently $0.
In addition to Maxim Group reporting its stock price target, a total of 12 brokers have issued a report on Domino's Pizza. The 12-month price target is $130.58 with two analysts rating the company a strong buy, three equity analysts rating the company a buy, eleven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
More About Domino's Pizza (NYSE:DPZ)
Domino's Pizza, Inc. is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States. Its International Franchise segment consists of a network of franchised stores in approximately 80 international markets. Its supply chain segment operates approximately 20 regional dough manufacturing and food supply chain centers in the United States; a thin crust manufacturing center; a vegetable processing center, and a center providing equipment and supplies to certain of its domestic and international stores. Its basic menu features pizza products in various sizes and crust types. Its stores also offer oven-baked sandwiches, pasta, bread side items, desserts and soft drink products.
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