Berenberg Bank Issues Positive Forecast for DFS Furniture (LON:DFS) Stock Price

DFS Furniture (LON:DFS) had its price objective hoisted by Berenberg Bank from GBX 241 to GBX 247 in a research report sent to investors on Wednesday morning, Marketbeat reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently issued reports on DFS. Jefferies Financial Group upped their target price on shares of DFS Furniture from GBX 190 to GBX 200 and gave the company a “buy” rating in a report on Thursday, October 2nd. Shore Capital reissued a “no recommendation” rating on shares of DFS Furniture in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 223.50.

DFS Furniture Stock Performance

LON:DFS opened at GBX 187.50 on Wednesday. The company has a market cap of £433.28 million, a P/E ratio of 18.20, a P/E/G ratio of 0.56 and a beta of 1.58. DFS Furniture has a twelve month low of GBX 123.40 and a twelve month high of GBX 204. The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38. The company’s 50-day moving average price is GBX 168.59 and its 200-day moving average price is GBX 161.19.

Insider Activity

In related news, insider Tony Buffin purchased 33,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average price of GBX 160 per share, with a total value of £52,800. 38.95% of the stock is currently owned by corporate insiders.

DFS Furniture News Summary

Here are the key news stories impacting DFS Furniture this week:

• Positive Sentiment: DFS raised its full-year profit outlook after a strong first half and increased orders, signaling better-than-expected earnings momentum. Article Title
• Positive Sentiment: Berenberg Bank upgraded DFS to a “buy” and raised its price target from GBX 241 to GBX 247, giving institutional endorsement to the company’s outlook and likely supporting investor demand. Article Title
• Positive Sentiment: Multiple reports show DFS achieved notable sales growth and successful promotional activity (winter sale), which helped drive the improved profit forecast. Article Title
• Neutral Sentiment: Shore Capital reaffirmed a “no recommendation” stance, leaving mixed broker sentiment on the stock despite some upgrades. Article Title
• Negative Sentiment: A separate headline warns that the group issued a cautionary note despite rising sales, highlighting ongoing market uncertainty that could limit upside or increase volatility. Article Title

About DFS Furniture

DFS Group is the leading sofa retail specialist in the UK and since 1969 we’ve been passionate about making and selling high quality, great looking sofas.