DFS Furniture PLC (LON:DFS) was downgraded by research analysts at Numis Securities Ltd to a “hold” rating in a research report issued to clients and investors on Friday. They currently have a GBX 280 ($3.65) price target on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 2.45% from the company’s previous close.
Several other analysts also recently issued reports on DFS. Beaufort Securities reissued a “hold” rating on shares of DFS Furniture PLC in a report on Friday. Berenberg Bank cut their target price on DFS Furniture PLC from GBX 360 ($4.70) to GBX 310 ($4.05) and set a “buy” rating on the stock in a research note on Monday, August 15th. Finally, Jefferies Group reaffirmed a “buy” rating and set a GBX 255 ($3.33) target price on shares of DFS Furniture PLC in a research note on Thursday, August 11th.
Shares of DFS Furniture PLC (LON:DFS) opened at 263.488 on Friday. The company’s 50 day moving average price is GBX 264.58 and its 200-day moving average price is GBX 269.18. The firm’s market cap is GBX 561.31 million. DFS Furniture PLC has a 1-year low of GBX 175.35 and a 1-year high of GBX 354.04.
The firm also recently announced a dividend, which will be paid on Wednesday, December 28th. Shareholders of record on Thursday, December 8th will be paid a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend is Thursday, December 8th. This represents a yield of 2.74%. This is an increase from DFS Furniture PLC’s previous dividend of $3.50.