Berenberg Bank Downgrades DFS Furniture PLC (DFS) to Hold

DFS Furniture PLC (LON:DFS) was downgraded by investment analysts at Berenberg Bank to a “hold” rating in a research note issued to investors on Friday. They currently have a GBX 230 ($3.05) price target on the stock, down from their previous price target of GBX 245 ($3.25). Berenberg Bank’s price target indicates a potential upside of 9.79% from the stock’s current price.

Separately, Peel Hunt restated a “reduce” rating and issued a GBX 200 ($2.65) target price on shares of DFS Furniture PLC in a research note on Thursday.

Shares of DFS Furniture PLC (DFS) opened at 209.50 on Friday. The firm has a 50 day moving average of GBX 223.63 and a 200 day moving average of GBX 237.04. DFS Furniture PLC has a one year low of GBX 190.00 and a one year high of GBX 290.75. The stock’s market cap is GBX 443.16 million.

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DFS Furniture PLC Company Profile

DFS Furniture plc is an upholstery retailer in the United Kingdom. The Company is engaged in designing, manufacturing, selling, delivering and installing a range of sofas, and other upholstered and furniture products. The Company’s segment is engaged in the retailing of upholstered furniture and related products.

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