Dunelm Group plc (LON:DNLM) Receives GBX 1,242.50 Average Price Target from Brokerages

Dunelm Group plc (LON:DNLM) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 1,242.50 ($16.05).

A number of research analysts recently commented on the company. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Tuesday, February 11th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,270 ($16.41) target price on shares of Dunelm Group in a research note on Tuesday, February 11th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,430 ($18.48) price target on shares of Dunelm Group in a research note on Thursday, December 5th.

Dunelm Group Stock Performance

Shares of LON:DNLM opened at GBX 888.50 ($11.48) on Friday. The business’s 50-day simple moving average is GBX 961.67 and its 200 day simple moving average is GBX 1,069.48. The company has a market cap of £1.79 billion, a P/E ratio of 11.83, a PEG ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. Dunelm Group has a one year low of GBX 877 ($11.33) and a one year high of GBX 1,279 ($16.52).

Dunelm Group (LON:DNLM) last announced its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.58) earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, sell-side analysts forecast that Dunelm Group will post 77.0957096 earnings per share for the current fiscal year.

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.