Brokerages Set Dunelm Group plc (LON:DNLM) PT at GBX 1,397.13

Shares of Dunelm Group plc (LON:DNLM) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 1,397.13.

Several research firms recently weighed in on DNLM. Royal Bank Of Canada raised shares of Dunelm Group to an “outperform” rating and lifted their price objective for the stock from GBX 1,200 to GBX 1,300 in a research note on Monday, November 3rd. Shore Capital started coverage on shares of Dunelm Group in a report on Tuesday, November 11th. They issued a “buy” rating and a GBX 1,300 target price on the stock. UBS Group reissued a “buy” rating and set a GBX 1,360 price target on shares of Dunelm Group in a research report on Friday, October 17th. JPMorgan Chase & Co. boosted their price target on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,480 price objective on shares of Dunelm Group in a research note on Tuesday, September 9th.

Insiders Place Their Bets

In related news, insider Luisa Wright sold 2,257 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of GBX 1,121, for a total transaction of £25,300.97. Also, insider Clodagh Moriarty sold 51,119 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of GBX 1,148, for a total transaction of £586,846.12. In the last three months, insiders purchased 17,790 shares of company stock worth $20,056,160 and sold 61,854 shares worth $70,913,541. 34.16% of the stock is owned by company insiders.

Dunelm Group Price Performance

Shares of DNLM opened at GBX 1,108 on Monday. The stock has a market cap of £2.23 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a 1 year low of GBX 836.61 and a 1 year high of GBX 1,249. The stock’s 50-day moving average price is GBX 1,116.54 and its two-hundred day moving average price is GBX 1,142.94. 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 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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.