DFS Furniture (LON:DFS) Trading Up 13.5% - Time to Buy?

DFS Furniture plc (LON:DFS - Get Free Report) shares traded up 13.5% during mid-day trading on Thursday . The company traded as high as GBX 150 ($1.95) and last traded at GBX 148.95 ($1.93). 305,413 shares were traded during mid-day trading, an increase of 24% from the average session volume of 246,420 shares. The stock had previously closed at GBX 131.20 ($1.70).

Analyst Upgrades and Downgrades

DFS has been the topic of a number of research analyst reports. Berenberg Bank reissued a "buy" rating and set a GBX 185 ($2.40) price objective on shares of DFS Furniture in a report on Monday, January 27th. Shore Capital reaffirmed a "not rated" rating on shares of DFS Furniture in a research note on Friday, November 22nd.

DFS Furniture Stock Up 13.5 %

The firm has a market capitalization of £343.25 million, a PE ratio of -79.76, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The firm's 50-day moving average is GBX 137.01 and its 200 day moving average is GBX 133.67. The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35.

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.

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