Merrill Lynch Remains a Buy on Domino’s Pizza

By Jason Carr

In a report released today, Gregory Francfort from Merrill Lynch maintained a Buy rating on Domino’s Pizza (NYSE: DPZ), with a price target of $305. The company’s shares opened today at $274.41, close to its 52-week high of $276.12.

Francfort has an average return of 18.9% when recommending Domino’s Pizza.

According to, Francfort is ranked #4339 out of 4830 analysts.

Domino’s Pizza has an analyst consensus of Moderate Buy, with a price target consensus of $263.88.

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Based on Domino’s Pizza’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $88.83 million. In comparison, last year the company had a net profit of $62.47 million.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. Last month, Patrick J. Doyle, the President & CEO of DPZ sold 60,000 shares for a total of $15,075,000.

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Domino’s Pizza, Inc. is a pizza delivery company, which operates a network of company-owned and franchise-owned stores in the U.S. and international markets. The company operates though the following segments: Domestic Stores, Supply Chain and International Franchise.