Blurbs

Robert W. Baird Thinks Domino’s Pizza’s Stock is Going to Recover

In a report issued on May 9, David Tarantino from Robert W. Baird maintained a Buy rating on Domino’s Pizza (DPZResearch Report). The company’s shares closed last Thursday at $332.48, close to its 52-week low of $324.51.

According to TipRanks.com, Tarantino is a 4-star analyst with an average return of 6.8% and a 54.8% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ’s Restaurants.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Domino’s Pizza with a $414.68 average price target, which is a 28.3% upside from current levels. In a report issued on April 29, Wedbush also maintained a Buy rating on the stock with a $430.00 price target.

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The company has a one-year high of $567.57 and a one-year low of $324.51. Currently, Domino’s Pizza has an average volume of 524.6K.

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Domino’s Pizza, Inc. is a pizza company, which operates a network of company-owned and franchise-owned stores in the U.S. and international markets. It operates though the following three segments: U.S. Stores, International Franchise and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises of a network of franchised stores. The Supply Chain segment operates regional dough manufacturing and food supply chain centers. The company was founded by James Monaghan and Thomas Stephen Monaghan in 1960 and is headquartered in Ann Arbor, MI.

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