Shorters sold out again.
Let's see where this goes....5 ASX retail shares offering FY25 upside
Goldman Sachs has recently retained or upgraded the following ASX retail shares to buy ratings.
Domino's Pizza Enterprises Ltd (ASX: DMP)
Goldman has a buy rating on Domino's with a 12-month share price target of $41.30.
Domino's is one of the ASX 200's most beaten-up stocks in recent times. The pizza stock is down 49.5% year to date and 40.9% over the past 12 months.
However, yesterday, the ASX retail share outshone its peers as one of only two ASX 200 stocks to finish in the green. Domino's shares lifted 0.9% yesterday, while the ASX 200 tanked 3.48%.
The Domino's share price is currently $29.95, up 0.54%. This implies a potential 38% upside for investors who buy today.
We see 2H24 results as still challenged, though expect an improving 1H25 outlook with Asia reverting to flat SSS in first 7 weeks, then 3% in 1H25.
Ann: Ceasing to be a substantial holder, page-2
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Last
$29.89 |
Change
-0.520(1.71%) |
Mkt cap ! $2.717B | |||
| Open | High | Low | Value | Volume |
| $30.40 | $30.56 | $29.88 | $14.21M | 473.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $29.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.05 | 2449 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |