DFS Furniture (LON:DFS) Given New GBX 155 Price Target at Berenberg Bank

DFS Furniture (LON:DFS) had its target price reduced by Berenberg Bank from GBX 192 ($2.40) to GBX 155 ($1.94) in a research report sent to investors on Wednesday morning, Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Shore Capital reiterated a hold rating on shares of DFS Furniture in a report on Monday, July 24th.

DFS Furniture Stock Performance

Shares of DFS opened at GBX 111 ($1.39) on Wednesday. The company has a market capitalization of £259.90 million, a PE ratio of 925.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.69. DFS Furniture has a one year low of GBX 101 ($1.26) and a one year high of GBX 170 ($2.13). The company has a debt-to-equity ratio of 254.61, a current ratio of 0.35 and a quick ratio of 0.10. The company’s fifty day moving average price is GBX 114.50 and its 200 day moving average price is GBX 121.47.

About DFS Furniture

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and Europe. The company retails sofas under the DFS and Sofology brands. It also engages in the contract logistics business. It operates a network of 118 DFS showrooms and 55 Sofology stores.