Dunelm Group plc (LON:DNLM) Receives GBX 1,237 Consensus Target Price from Analysts

Shares of Dunelm Group plc (LON:DNLM) have been assigned an average rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,237 ($15.14).

Several brokerages have commented on DNLM. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of Dunelm Group from GBX 1,140 ($13.95) to GBX 1,170 ($14.32) and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Berenberg Bank restated a “buy” rating and issued a GBX 1,430 ($17.50) target price on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,325 ($16.22) price target on shares of Dunelm Group in a report on Thursday, October 24th.

Insider Buying and Selling

In related news, insider Karen Witts acquired 8,375 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average cost of GBX 1,126 ($13.78) per share, for a total transaction of £94,302.50 ($115,425.34). Also, insider Nick Wilkinson sold 28,236 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 1,161 ($14.21), for a total value of £327,819.96 ($401,248.42). 34.28% of the stock is owned by corporate insiders.

Dunelm Group Price Performance

Shares of DNLM stock opened at GBX 1,030 ($12.61) on Monday. The business has a fifty day simple moving average of GBX 1,095.85 and a 200 day simple moving average of GBX 1,154.84. The company has a market cap of £2.08 billion, a P/E ratio of 1,391.89, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. Dunelm Group has a twelve month low of GBX 959 ($11.74) and a twelve month high of GBX 1,279 ($15.65).

Dunelm Group Company Profile

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.