Maxim Group analyst Stephen Anderson maintained a Hold rating on Domino’s Pizza (NYSE: DPZ) today and set a price target of $305. The company’s shares closed yesterday at $284.18, close to its 52-week high of $305.34.
“We maintain our Hold rating on Domino’s Pizza (DPZ), though raise our price target to $305, from $285, following the investor meeting we hosted with management last week at the company’s Ann Arbor, MI headquarters.”
According to TipRanks.com, Anderson is a top 100 analyst with an average return of 14.5% and a 74.1% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
Currently, the analyst consensus on Domino’s Pizza is a Moderate Buy with an average price target of $294.88.
Domino’s Pizza’s market cap is currently $11.89B and has a P/E ratio of 40.31. The company has a Price to Book ratio of -4.06.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. Last month, Patrick J. Doyle, an Insider at DPZ sold 4,064 shares for a total of $1,227,328.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Domino’s Pizza, Inc. is a pizza delivery company, which operates a network of company-owned and franchise-owned stores in the U.S. and international markets. The company operates though the following segments: Domestic Stores, Supply Chain and International Franchise.