Dunelm Group’s (DNLM) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Dunelm Group (LON:DNLM) in a report released on Tuesday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 1,270 ($15.81) price target on the stock.

A number of other brokerages have also issued reports on DNLM. Berenberg Bank reiterated a “buy” rating and set a GBX 1,430 ($17.81) target price on shares of Dunelm Group in a research report on Thursday, December 5th. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research report on Tuesday. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,325 ($16.50) price objective on shares of Dunelm Group in a report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,242.50 ($15.47).

Dunelm Group Stock Performance

Shares of LON DNLM opened at GBX 973 ($12.12) on Tuesday. The firm has a market capitalization of £1.97 billion, a price-to-earnings ratio of 1,314.86, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a one year low of GBX 936.98 ($11.67) and a one year high of GBX 1,279 ($15.93). The business has a fifty day simple moving average of GBX 1,037.35 and a 200 day simple moving average of GBX 1,134.21. 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 (LON:DNLM) last posted its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.56) earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%. Sell-side analysts expect that Dunelm Group will post 77.0957096 EPS for the current year.

About Dunelm Group

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.