Dunelm Group plc (LON:DNLM) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Dunelm Group plc (LON:DNLMGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 1,199.44.

A number of research analysts have recently commented on the stock. Canaccord Genuity Group cut their price target on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a report on Friday, April 17th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a report on Thursday, April 16th. Berenberg Bank cut their price target on shares of Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating on the stock in a report on Friday, April 17th. Finally, Shore Capital Group restated a “buy” rating on shares of Dunelm Group in a report on Thursday, April 16th.

Get Our Latest Stock Analysis on DNLM

Insider Transactions at Dunelm Group

In related news, insider Alison Brittain purchased 12,500 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of GBX 764 per share, for a total transaction of £95,500. Also, insider Ajay Kavan purchased 3,947 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was bought at an average price of GBX 756 per share, for a total transaction of £29,839.32. Corporate insiders own 34.13% of the company’s stock.

Dunelm Group Trading Down 3.5%

DNLM stock opened at GBX 753.50 on Thursday. The firm’s fifty day simple moving average is GBX 786.37 and its two-hundred day simple moving average is GBX 942.88. The company has a quick ratio of 0.16, a current ratio of 0.83 and a debt-to-equity ratio of 175.79. The stock has a market capitalization of £1.52 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of -10.32 and a beta of 0.96. Dunelm Group has a twelve month low of GBX 707 and a twelve month high of GBX 1,249.

Dunelm Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Dunelm Group (LON:DNLM)

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