Shore Capital Reiterates Not Rated Rating for Dunelm Group (LON:DNLM)

Dunelm Group (LON:DNLM)‘s stock had its “not rated” rating reiterated by equities research analysts at Shore Capital in a research note issued on Thursday, MarketBeat.com reports.

A number of other research analysts have also weighed in on DNLM. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($17.20) target price on shares of Dunelm Group in a report on Tuesday, September 17th. JPMorgan Chase & Co. boosted their target price on shares of 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. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,060 ($13.76) price target on shares of Dunelm Group in a report on Thursday, September 12th. 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 stock a “buy” rating in a research note on Tuesday, September 17th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 1,220.83 ($15.85).

Dunelm Group Price Performance

LON:DNLM opened at GBX 1,179 ($15.31) on Thursday. The business’s 50-day moving average is GBX 1,209.05 and its 200 day moving average is GBX 1,133.28. Dunelm Group has a 12 month low of GBX 959 ($12.45) and a 12 month high of GBX 1,279 ($16.61). The company has a market capitalization of £2.38 billion, a P/E ratio of 1,595.85, a P/E/G 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.

Insider Buying and Selling

In other Dunelm Group news, insider Luisa Wright purchased 2,452 shares of the firm’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 corporate 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.