DFS Furniture (LON:DFS) Share Price Passes Above Fifty Day Moving Average of $113.92

DFS Furniture plc (LON:DFS) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 113.92 ($1.45) and traded as high as GBX 115.80 ($1.47). DFS Furniture shares last traded at GBX 110 ($1.40), with a volume of 120,669 shares.

Analysts Set New Price Targets

DFS has been the subject of a number of analyst reports. Berenberg Bank reduced their price target on DFS Furniture from GBX 180 ($2.28) to GBX 120 ($1.52) and set a “hold” rating for the company in a report on Wednesday, March 27th. Shore Capital reissued a “not rated” rating on shares of DFS Furniture in a report on Wednesday, March 20th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of DFS Furniture in a report on Wednesday, June 12th.

DFS Furniture Stock Down 0.9 %

The business has a fifty day simple moving average of GBX 113.92 and a 200 day simple moving average of GBX 114.94. The firm has a market cap of £259.60 million, a price-to-earnings ratio of 1,375.00, a PEG ratio of 0.56 and a beta of 1.57. The company has a debt-to-equity ratio of 239.47, a current ratio of 0.23 and a quick ratio of 0.10.

DFS Furniture Company Profile

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.