Dunelm Group (LON:DNLM) Price Target Raised to GBX 1,170 at JPMorgan Chase & Co.

Dunelm Group (LON:DNLM) had its price objective raised by analysts at JPMorgan Chase & Co. from GBX 1,140 ($15.27) to GBX 1,170 ($15.67) in a research report issued to clients and investors on Tuesday, LSE.Co.UK reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 2.63% from the company’s previous close.

Several other research firms also recently weighed in on DNLM. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($17.74) target price on shares of Dunelm Group in a report on Tuesday, September 17th. Berenberg Bank boosted their price objective on Dunelm Group from GBX 1,410 ($18.88) to GBX 1,470 ($19.68) and gave the company a “buy” rating in a research note on Tuesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,060 ($14.19) target price on shares of Dunelm Group in a research report on Thursday, September 12th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 1,220.83 ($16.35).

Dunelm Group Stock Down 7.7 %

LON:DNLM traded down GBX 95 ($1.27) during midday trading on Tuesday, hitting GBX 1,140 ($15.27). 1,492,421 shares of the company were exchanged, compared to its average volume of 350,661. Dunelm Group has a fifty-two week low of GBX 959 ($12.84) and a fifty-two week high of GBX 1,279 ($17.13). The company has a market capitalization of £2.31 billion, a PE ratio of 1,540.54, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The company has a fifty day simple moving average of GBX 1,215.48 and a 200 day simple moving average of GBX 1,120.49.

About Dunelm Group

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.