Shares of DFS Furniture plc (LON:DFS – Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 114.37 ($1.41) and traded as low as GBX 110 ($1.36). DFS Furniture shares last traded at GBX 114.60 ($1.42), with a volume of 250,431 shares trading hands.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Shore Capital reiterated a “not rated” rating on shares of DFS Furniture in a research report on Wednesday, March 20th. Berenberg Bank reduced their price target on shares of DFS Furniture from GBX 180 ($2.22) to GBX 120 ($1.48) and set a “hold” rating on the stock in a research report on Wednesday, March 27th.
Check Out Our Latest Research Report on DFS
DFS Furniture Price Performance
DFS Furniture Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, April 18th will be issued a GBX 1.10 ($0.01) dividend. This represents a yield of 0.98%. The ex-dividend date is Thursday, April 18th. DFS Furniture’s dividend payout ratio (DPR) is presently 5,000.00%.
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.
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