DFS Furniture's (DFS) "Buy" Rating Reiterated at Berenberg Bank

DFS Furniture (LON:DFS - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Berenberg Bank in a research note issued to investors on Monday, Marketbeat reports. They currently have a GBX 185 ($2.30) price objective on the stock. Berenberg Bank's target price indicates a potential upside of 37.85% from the stock's previous close.

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

DFS Furniture Stock Performance

Shares of DFS traded up GBX 0.60 ($0.01) during midday trading on Monday, reaching GBX 134.20 ($1.67). 103,078 shares of the stock were exchanged, compared to its average volume of 288,540. The business's 50-day moving average price is GBX 139.30 and its 200 day moving average price is GBX 130.14. The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. 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 capitalization of £314.22 million, a price-to-earnings ratio of -6,710.00, a PEG ratio of 0.56 and a beta of 1.58.

About DFS Furniture

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.