DFS Furniture PLC 56.0% potential upside indicated by Berenberg Bank

DFS Furniture PLC with ticker (LON:DFS) now has a potential upside of 56.0% according to Berenberg Bank.



Berenberg Bank set a target price of 195 GBX for the company, which when compared to the DFS Furniture PLC share price of 125 GBX at opening today (23/05/2023) indicates a potential upside of 56.0%. Trading has ranged between 101 (52 week low) and 195 (52 week high) with an average of 195,222 shares exchanging hands daily. The market capitalisation at the time of writing is £287,061,030.

DFS Furniture plc is a United Kingdom-based company, which is a retailer of living room and upholstered furniture. The Company operates an integrated physical and digital retail network of living room furniture showrooms and Websites in the United Kingdom, and the Republic of Ireland. The Company’s brands include DFS, Dwell and Sofology. DFS and Sofology brands are the retailers of sofas in the United Kingdom. The Company operates through three segments: DFS, Sofology and Others. DFS segment is engaged in the retailing of upholstered furniture and related products through DFS and Dwell branded stores and websites. The Sofology segment is engaged in the retailing of upholstered furniture and related products through Sofology branded stores and websites. Its Other segment is engaged in the manufacturing of upholstered furniture and the supply of contract logistics. The Company operates three finished goods factories in the United Kingdom.