DFS Furniture (LON:DFS) Earns “Buy” Rating from Berenberg Bank

DFS Furniture (LON:DFS)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued to investors on Monday,Digital Look reports. They presently have a GBX 185 ($2.30) price objective on the stock. Berenberg Bank’s price target suggests a potential upside of 35.04% from the company’s previous close.

Separately, Shore Capital restated a “not rated” rating on shares of DFS Furniture in a report on Friday, November 22nd.

DFS Furniture Price Performance

DFS Furniture stock traded up GBX 2.40 ($0.03) on Monday, reaching GBX 137 ($1.70). The company’s stock had a trading volume of 134,099 shares, compared to its average volume of 305,468. DFS Furniture has a twelve month low of GBX 95 ($1.18) and a twelve month high of GBX 147 ($1.83). The company has a market cap of £320.77 million, a price-to-earnings ratio of -6,850.00, a PEG ratio of 0.56 and a beta of 1.58. The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35. The business’s fifty day moving average price is GBX 139.07 and its 200 day moving average price is GBX 129.48.

DFS Furniture Company Profile

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.