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DMP Dominos Pizza Enterprises News Story

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Consumer CyclicalsAdventurousMid CapNeutral

Domino's Australia operator loses most in 1 week; UBS hikes PT on long-term earnings

** Shares of Domino's Pizza Enterprises  DMP.AX  fall 1.2%
to A$35.5, their biggest intraday pct drop since February 3
    ** Shares gained 21.3% on February 7 after the pizza maker
announced store closures
    ** UBS hikes price target to A$36.00 from A$31.50 
    ** Brokerage attributes hike to lower capital expenditure,
and higher long-term earnings
    ** Five of 14 analysts rate the stock "buy" or higher, six
"hold" and three "sell"; their median PT is A$3.10 – according
to data compiled by LSEG
    ** Stock fell 50.1% in 2024

    

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com;))

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