Dunelm Group plc (LON:DNLM) Given Average Recommendation of “Moderate Buy” by Analysts

Dunelm Group plc (LON:DNLM) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 1,143.89.

Several research analysts have issued reports on DNLM shares. Deutsche Bank Aktiengesellschaft upgraded shares of Dunelm Group to a “buy” rating and raised their price target for the stock from GBX 850 to GBX 1,050 in a report on Thursday. Berenberg Bank decreased their price objective on shares of Dunelm Group from GBX 1,332 to GBX 1,200 and set a “buy” rating for the company in a research report on Thursday, August 27th. Finally, Shore Capital Group reissued a “buy” rating and set a GBX 1,000 target price on shares of Dunelm Group in a research note on Thursday, July 16th.

Dunelm Group Price Performance

Dunelm Group stock opened at GBX 882.50 on Friday. The stock’s 50 day moving average is GBX 857.18 and its 200 day moving average is GBX 836.59. Dunelm Group has a one year low of GBX 707 and a one year high of GBX 1,246. The firm has a market cap of £1.78 billion, a P/E ratio of 12.01, a P/E/G ratio of -10.32 and a beta of 0.97. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16.

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.