Dunelm Group (LON:DNLM) Given New GBX 1,240 Price Target at Canaccord Genuity Group

Dunelm Group (LON:DNLM) had its price target lowered by equities research analysts at Canaccord Genuity Group from GBX 1,280 to GBX 1,240 in a note issued to investors on Friday,Digital Look reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 50.77% from the stock’s previous close.

Several other analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft lowered their target price on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a research note on Friday, January 16th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,075 target price on shares of Dunelm Group in a research note on Thursday. Berenberg Bank decreased 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 note on Friday. Panmure Gordon reduced their price objective on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research report on Monday, January 19th. Finally, Shore Capital Group reiterated a “buy” rating on shares of Dunelm Group in a research report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,199.44.

Dunelm Group Stock Performance

Dunelm Group stock traded up GBX 13.44 during mid-day trading on Friday, reaching GBX 822.44. 19,611,158 shares of the company’s stock were exchanged, compared to its average volume of 2,913,506. The business’s fifty day simple moving average is GBX 888.65 and its 200 day simple moving average is GBX 1,020.89. The firm has a market capitalization of £1.66 billion, a PE ratio of 11.19, a P/E/G ratio of -10.32 and a beta of 1.03. Dunelm Group has a one year low of GBX 770 and a one year 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.

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

Insider Activity at Dunelm Group

In other Dunelm Group news, insider Luisa Wright bought 2,442 shares of Dunelm Group stock in a transaction on Friday, February 13th. The stock was acquired at an average price of GBX 963 per share, with a total value of £23,516.46. Insiders own 34.13% of the company’s stock.

Key Dunelm Group News

Here are the key news stories impacting Dunelm Group this week:

• Positive Sentiment: Shore Capital reaffirmed its “buy” rating on Dunelm, providing support from another sell‑side backer that can help underpin the stock amid weak trading. Shore Capital reaffirm buy
• Positive Sentiment: Jefferies also reaffirmed a “buy” rating (maintaining a GBX 1,075 price target), which reinforces investor confidence from a major broker despite recent operational headwinds. Jefferies reaffirm buy
• Neutral Sentiment: Round‑up link: a general live feed/collection of Dunelm news and broker commentary for traders monitoring ongoing updates. DNLM Share News Today
• Negative Sentiment: Berenberg trimmed its price target from GBX 1,425 to GBX 1,350 even while keeping a “buy” call — a modest downgrade that reduces upside expectations and can cap near‑term gains. Berenberg lowers PT
• Negative Sentiment: Reporting indicates Dunelm shares earlier fell after management signalled slower sales growth and a dimmer outlook, a clear fundamental headwind that explains elevated volatility and heavy volume. Dunelm shares tumble — sales growth slows

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.