DFS Furniture falls after Jefferies cuts rating to 'hold'

DFS Furniture

Today 09:04

** Shares of British sofa retailer DFS Furniture DFSD.L fall 2.4% to 142.5 p 
** Jefferies cuts to "hold" from "buy" and cuts target price to 156p from 210p
** Strong execution drove further profit recovery in FY26 despite a tougher market backdrop, but negative order intake and an inflection already priced into consensus leave less attractive risk-reward, says Jefferies
** Five of the 6 analysts covering the stock have a "buy" or higher rating and 1 has "hold"; median PT is 215p- LSEG-compiled data
** YTD, stock has fallen ~18%
     
     

 (Reporting byTuhina in Bengaluru)
 ((tuhina@thomsonreuters.com))