Dunelm Group plc (LON:DNLM) Receives GBX 1,199.44 Average Target Price from Analysts

Shares of Dunelm Group plc (LON:DNLM) have received an average rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,199.44.

DNLM has been the topic of several research reports. Berenberg Bank dropped their target price on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating on the stock in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft lowered their price objective on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a report on Friday, January 16th. Shore Capital Group reaffirmed a “buy” rating on shares of Dunelm Group in a report on Thursday, April 16th. Canaccord Genuity Group lowered their target price on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a report on Friday, April 17th. Finally, Panmure Gordon reduced their price objective on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a research report on Monday, January 19th.

Insider Activity at Dunelm Group

In related news, insider Alison Brittain bought 12,500 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average price of GBX 764 per share, for a total transaction of £95,500. Also, insider Luisa Wright bought 2,442 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were bought at an average price of GBX 963 per share, with a total value of £23,516.46. 34.13% of the stock is owned by company insiders.

Dunelm Group Trading Down 0.5%

Shares of LON DNLM opened at GBX 760.38 on Friday. The company has a market cap of £1.53 billion, a price-to-earnings ratio of 10.35, a P/E/G ratio of -10.32 and a beta of 0.96. Dunelm Group has a 12 month low of GBX 727.94 and a 12 month high of GBX 1,249. The company has a quick ratio of 0.16, a current ratio of 0.83 and a debt-to-equity ratio of 175.79. The business has a fifty day simple moving average of GBX 841.27 and a 200-day simple moving average of GBX 988.48.

Dunelm Group (LON:DNLM) last posted its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a return on equity of 105.88% and a net margin of 8.29%. Sell-side analysts predict that Dunelm Group will post 77.0957096 EPS for the current 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.

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