Dunelm Group (LON:DNLM) Rating Reiterated by Canaccord Genuity Group

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 1,325 ($17.20) price objective on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 12.38% from the company’s previous close.

Several other equities research analysts have also weighed in on DNLM. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,060 ($13.76) target price on shares of Dunelm Group in a research report on Thursday, September 12th. JPMorgan Chase & Co. raised their price objective on Dunelm Group from GBX 1,140 ($14.80) to GBX 1,170 ($15.19) and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Finally, Berenberg Bank boosted their price objective on Dunelm Group from GBX 1,410 ($18.31) to GBX 1,470 ($19.09) and gave the company a “buy” rating in a research note on Tuesday, September 17th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 1,220.83 ($15.85).

Dunelm Group Stock Performance

Shares of DNLM stock opened at GBX 1,179 ($15.31) on Thursday. The company has a market cap of £2.38 billion, a P/E ratio of 1,595.85, a PEG ratio of -10.32 and a beta of 1.18. The firm has a fifty day moving average price of GBX 1,209.05 and a 200 day moving average price of GBX 1,133.28. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. Dunelm Group has a 12 month low of GBX 959 ($12.45) and a 12 month high of GBX 1,279 ($16.61).

Insider Activity at Dunelm Group

In other news, insider Luisa Wright purchased 2,452 shares of the business’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was purchased at an average cost of GBX 1,139 ($14.79) per share, with a total value of £27,928.28 ($36,261.08). 34.28% of the stock is currently owned by insiders.

Dunelm Group Company Profile

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.