Dunelm Group plc (LON:DNLM) Receives GBX 1,177.22 Consensus PT from Analysts

Dunelm Group plc (LON:DNLM) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,177.22.

Several brokerages have recently weighed in on DNLM. Canaccord Genuity Group dropped their price objective on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a research report on Friday, April 17th. Berenberg Bank reduced their target price on shares of Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a report on Friday, April 17th. Shore Capital Group reiterated a “buy” rating and issued a GBX 1,000 price target on shares of Dunelm Group in a research note on Thursday, July 16th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a research note on Thursday, April 16th.

Insider Buying and Selling

In other news, insider Alison Brittain bought 12,500 shares of the stock in a transaction dated Thursday, May 7th. The shares were bought at an average price of GBX 764 per share, for a total transaction of £95,500. Also, insider Ajay Kavan bought 3,947 shares of the stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of GBX 756 per share, for a total transaction of £29,839.32. Insiders own 34.19% of the company’s stock.

Dunelm Group Trading Down 0.2%

Shares of Dunelm Group stock opened at GBX 856 on Friday. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16. The business has a fifty day simple moving average of GBX 795.84 and a two-hundred day simple moving average of GBX 861.54. Dunelm Group has a 1 year low of GBX 707 and a 1 year high of GBX 1,249. The company has a market capitalization of £1.73 billion, a price-to-earnings ratio of 11.65, a P/E/G ratio of -10.32 and a beta of 0.96.

About Dunelm Group

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.