Question of the Week – Dominos

Print This Post A A A

Question: I'm well overweight in Dominos [DMP] - should I panic? 

Answer (By Paul Rickard): I am a little in two minds. If you look at the broker analysts, they are largely ok with the stock (2 buys, 4 neutrals, 2 sells). The consensus target price of $48.44 is well above the current market price (broker range is low of $36.00 to high of $60.00).

But the short sellers are very active, market sentiment has turned sour – and these factors worry me.

Take a free trial to continue reading

Already have an account? Login to continue reading.

By proceeding you understand and agree to the site's terms and conditions

Also from this edition