Dunelm Group plc (LON:DNLM) Stock Has Consensus Price Target of GBX 1,111.11 According to Analysts

Dunelm Group plc (LON:DNLM) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 1,111.11.

A number of research firms have weighed in on DNLM. JPMorgan Chase & Co. cut their price target on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a research note on Wednesday, September 9th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,200 price objective on shares of Dunelm Group in a report on Wednesday, September 9th. Canaccord Genuity Group decreased their target price on Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating for the company in a research note on Thursday, September 10th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating on the stock in a research note on Wednesday, September 9th. Finally, Shore Capital Group restated a “buy” rating and set a GBX 1,000 price objective on shares of Dunelm Group in a research report on Friday, September 18th.

Insider Transactions at Dunelm Group

In other news, insider Alison Brittain bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average cost of GBX 732 per share, with a total value of £73,200. Also, insider Clodagh Moriarty sold 47,817 shares of the firm’s stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of GBX 800, for a total value of £382,536. Insiders bought 18,302 shares of company stock valued at $13,633,906 over the last quarter. 34.19% of the stock is owned by corporate insiders.

Dunelm Group Trading Up 0.3%

Shares of LON:DNLM opened at GBX 780 on Wednesday. Dunelm Group has a 52 week low of GBX 707 and a 52 week high of GBX 1,174. The company’s 50 day moving average is GBX 839.58 and its two-hundred day moving average is GBX 811.98. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52. The company has a market cap of £1.57 billion, a PE ratio of 10.61, a P/E/G ratio of -10.32 and a beta of 0.97.

Dunelm Group (LON:DNLM) last released its quarterly earnings data on Tuesday, September 8th. The company reported GBX 77 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. Equities analysts predict that Dunelm Group will post 77.0957096 earnings per share for the current fiscal 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.