Shares of Dunelm Group plc (LON:DNLM) have received an average recommendation of “Hold” from the eleven research firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 698.36 ($9.09).
A number of research firms have recently commented on DNLM. Canaccord Genuity reduced their target price on shares of Dunelm Group plc from GBX 798 ($10.39) to GBX 752 ($9.79) and set a “buy” rating on the stock in a research report on Monday, July 10th. Deutsche Bank AG reduced their target price on shares of Dunelm Group plc from GBX 730 ($9.51) to GBX 665 ($8.66) and set a “hold” rating on the stock in a research report on Monday, July 10th. HSBC Holdings plc reissued a “hold” rating and set a GBX 640 ($8.33) target price on shares of Dunelm Group plc in a research report on Wednesday, June 7th. Peel Hunt reissued a “hold” rating and set a GBX 620 ($8.07) target price on shares of Dunelm Group plc in a research report on Wednesday, July 5th. Finally, Jefferies Group LLC reissued an “underperform” rating and set a GBX 515 ($6.71) target price on shares of Dunelm Group plc in a research report on Wednesday, July 5th.
In other Dunelm Group plc news, insider William Reeve bought 3,000 shares of the company’s stock in a transaction on Friday, July 14th. The shares were bought at an average cost of GBX 559 ($7.28) per share, with a total value of £16,770 ($21,838.78). Also, insider John Browett bought 9,098 shares of the company’s stock in a transaction on Wednesday, July 12th. The shares were acquired at an average cost of GBX 547 ($7.12) per share, for a total transaction of £49,766.06 ($64,808.00). Insiders purchased 14,783 shares of company stock worth $8,146,466 over the last ninety days.
Shares of Dunelm Group plc (DNLM) traded down 0.31% during trading on Tuesday, hitting GBX 633.00. 169,740 shares of the stock traded hands. The company’s 50 day moving average is GBX 600.73 and its 200 day moving average is GBX 622.82. The firm’s market cap is GBX 1.28 billion. Dunelm Group plc has a 52-week low of GBX 541.50 and a 52-week high of GBX 943.00.
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.
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