Bank of America's analyst, Sara Senatore, has revised the price target for Domino's Pizza (DPZ, Financial), decreasing it from $549 to $520. Despite this adjustment, she maintains a Buy rating for the company's shares.
This change comes as part of a broader assessment by the firm, involving a detailed review of over 20 restaurant companies in its coverage. This evaluation considers updated financial estimates and shifts in market multiples, aligning with the firm's calendar first-quarter preview for the sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Domino's Pizza Inc (DPZ, Financial) is $483.07 with a high estimate of $559.00 and a low estimate of $370.00. The average target implies an upside of 3.46% from the current price of $466.90. More detailed estimate data can be found on the Domino's Pizza Inc (DPZ) Forecast page.
Based on the consensus recommendation from 35 brokerage firms, Domino's Pizza Inc's (DPZ, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Domino's Pizza Inc (DPZ, Financial) in one year is $471.39, suggesting a upside of 0.96% from the current price of $466.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Domino's Pizza Inc (DPZ) Summary page.
