Dunelm Group plc (LON:DNLM)‘s stock had its “overweight” rating reiterated by analysts at Barclays PLC in a research note issued to investors on Thursday. They presently have a GBX 720 ($9.30) target price on the stock. Barclays PLC’s target price would suggest a potential upside of 8.84% from the company’s previous close.
A number of other equities analysts have also commented on DNLM. HSBC Holdings plc lowered Dunelm Group plc to a “hold” rating and dropped their price objective for the stock from GBX 800 ($10.33) to GBX 640 ($8.27) in a research note on Wednesday, May 17th. Peel Hunt reiterated a “hold” rating and issued a GBX 620 ($8.01) price objective on shares of Dunelm Group plc in a research note on Wednesday, July 5th. Jefferies Group LLC reiterated an “underperform” rating and issued a GBX 515 ($6.65) price objective on shares of Dunelm Group plc in a research note on Wednesday, July 5th. Deutsche Bank AG dropped their price objective on Dunelm Group plc from GBX 730 ($9.43) to GBX 665 ($8.59) and set a “hold” rating on the stock in a research note on Monday, July 10th. Finally, Canaccord Genuity decreased their target price on Dunelm Group plc from GBX 798 ($10.31) to GBX 752 ($9.71) and set a “buy” rating on the stock in a research report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 694.27 ($8.97).
Dunelm Group plc (DNLM) opened at 661.50 on Thursday. Dunelm Group plc has a 12-month low of GBX 541.50 and a 12-month high of GBX 915.00. The firm’s 50-day moving average price is GBX 616.64 and its 200-day moving average price is GBX 616.35. The company’s market cap is GBX 1.33 billion.
In other Dunelm Group plc news, insider John Browett bought 9,098 shares of Dunelm Group plc stock in a transaction dated Wednesday, July 12th. The shares were acquired at an average cost of GBX 547 ($7.06) per share, with a total value of £49,766.06 ($64,272.32). Also, insider Simon Emeny bought 2,685 shares of Dunelm Group plc stock in a transaction dated Monday, July 17th. The stock was acquired at an average cost of GBX 556 ($7.18) per share, for a total transaction of £14,928.60 ($19,280.12). Insiders bought a total of 14,783 shares of company stock worth $8,146,466 over the last three months.
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.
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