Domino’s Pizza (NASDAQ:DPZ) Price Target Raised to $520.00 at Citigroup

Domino’s Pizza (NASDAQ:DPZ) had its target price increased by Citigroup from $440.00 to $520.00 in a report published on Wednesday morning,Benzinga reports. Citigroup currently has a neutral rating on the restaurant operator’s stock.

A number of other equities research analysts also recently weighed in on DPZ. Barclays lowered their target price on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Morgan Stanley lowered their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their target price for the stock from $419.00 to $559.00 in a report on Friday, November 8th. TD Cowen lifted their target price on Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Oppenheimer lifted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average price target of $505.30.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $475.42 on Wednesday. The stock’s 50 day moving average is $440.65 and its 200 day moving average is $434.42. The firm has a market cap of $16.42 billion, a P/E ratio of 29.20, a P/E/G ratio of 2.49 and a beta of 0.90. Domino’s Pizza has a one year low of $396.06 and a one year high of $542.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DPZ. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Domino’s Pizza during the 4th quarter valued at $925,000. Novem Group bought a new position in shares of Domino’s Pizza during the 4th quarter valued at about $315,000. PharVision Advisers LLC purchased a new stake in Domino’s Pizza during the 4th quarter valued at about $318,000. Worldquant Millennium Advisors LLC purchased a new stake in Domino’s Pizza during the 4th quarter valued at about $17,626,000. Finally, Woodline Partners LP purchased a new stake in Domino’s Pizza during the 4th quarter valued at about $10,648,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

About Domino’s Pizza

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