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Home / Momentum / Domino’s Pizza (DOM.L) 23-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Domino’s Pizza (DOM.L) 23-10-19

Will Domino’s Pizza (DOM.L) continue to rise?

 

  • Now trading at 286.62p (at time of writing), the share price momentum has been strong.
  • Is this trend your friend?
  • Could this appeal to momentum investors?
  • Whilst the trend has been strong, remember that past patterns are not necessarily an indication of the future.
  • Be mindful of new events and the influence they can have on price action. Check regularly for updates.
  • Shares -3% from 12-month highs; +29% from 12 month lows.

Latest News

17 Oct:  Domino’s, the pizza chain, announced that it would seek exit some international markets as sales continued to disappoint.

26 Sep:  UBS reiterates its sell rating on Domino’s Pizza Group (DOM) and reduced the target price to 225p (from 230p).

20 Aug:  Berenberg reiterates its sell rating on Domino’s Pizza Group (DOM) and reduced the target price to 200p (from 210p).

08 Aug:  Barclays Capital reiterates its equal weight rating on Domino’s Pizza Group (DOM) and reduced the target price to 265p (from 275p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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