• INTERIORS MONTHLY BANNER HOMEPAGE 2021 small

  • NBF 1080x300 animated banner Int Monthly website 2

  • MODULEO 20191080x300px

  • Greenwood Retail December 2017
  • Interiors monthly MIFF 2020 Web Banner 14 Reschedule 480 x 200 px

  • IM we banner 20 fibreline

DFS downgraded by bank

DFS store frontDFS has seen its share price target significantly lowered by an investment bank following its recent profit warning.

Berenberg Bank had a target of £3.10 but has lowered it to £2.45.
Despite the decrease, the rating is still substantially above this morning’s opening price of £2.06, valuing the chain at £435m.
When it issued the profits warning on 15 June its share price fell from £2.52 to £2.