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

DFS Furniture (LON:DFS) had its price target hoisted by investment analysts at Berenberg Bank from GBX 241 to GBX 247 in a research report issued on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 31.73% from the company’s current price.

A number of other analysts have also recently weighed in on DFS. Jefferies Financial Group increased their price objective on shares of DFS Furniture from GBX 190 to GBX 200 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Shore Capital restated 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, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 223.50.

DFS Furniture Stock Performance

Shares of LON DFS traded up GBX 2.50 during mid-day trading on Wednesday, hitting GBX 187.50. The company had a trading volume of 1,085,224 shares, compared to its average volume of 322,639. The stock has a market cap of £433.28 million, a price-to-earnings ratio of 18.20, a PEG ratio of 0.56 and a beta of 1.58. The firm’s 50 day simple moving average is GBX 167.97 and its two-hundred day simple moving average is GBX 161.01. The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. DFS Furniture has a 12 month low of GBX 123.40 and a 12 month high of GBX 204.

Insider Activity at DFS Furniture

In related news, insider Tony Buffin purchased 2,898 shares of DFS Furniture stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of GBX 156 per share, with a total value of £4,520.88. Company insiders own 38.95% of the company’s stock.

Key DFS Furniture News

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

• Positive Sentiment: Management raised the full‑year profit outlook after a strong first half and said the business is well positioned to deliver its strategy — this direct upgrade to guidance is the primary driver of the positive market move. Read More.
• Positive Sentiment: Retail momentum: DFS reported rising sales despite weak consumer conditions, helped by stronger orders and a winter sale which management cites as reeling in extra demand. That sales resilience supports expectations for higher FY profits. Read More.
• Positive Sentiment: Corporate/management update: DFS announced a new CFO alongside the profit upgrade — investors often view senior hires as supportive for execution of strategy. Read More.
• Neutral Sentiment: Broker stance unchanged: Shore Capital reaffirmed a “no recommendation” rating, so analyst coverage hasn’t yet turned uniformly positive despite the upbeat trading update. Read More.
• Negative Sentiment: Management caution: some outlets flagged a warning from the group despite rising sales — language in commentary about uncertainty or margin pressure can temper enthusiasm and cap gains. Read More.
• Negative Sentiment: Balance‑sheet and liquidity risks: DFS shows high leverage and weak short‑term liquidity (quick ratio ~0.10, current ratio ~0.35, debt‑to‑equity ~258), which increases investor sensitivity to slower trading or cost pressures.

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.