Dunelm Group’s (DNLM) Buy Rating Reaffirmed at Shore Capital Group

Dunelm Group (LON:DNLMGet Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital Group in a note issued to investors on Tuesday, London Stock Exchange reports. They currently have a GBX 1,000 price objective on the stock. Shore Capital Group’s price target would indicate a potential upside of 28.87% from the company’s current price.

Several other equities research analysts have also issued reports on DNLM. Deutsche Bank Aktiengesellschaft raised shares of Dunelm Group to a “buy” rating and lifted their price objective for the company from GBX 850 to GBX 1,050 in a research note on Thursday, September 3rd. Berenberg Bank lowered their target price on shares of Dunelm Group from GBX 1,332 to GBX 1,200 and set a “buy” rating on the stock in a research report on Thursday, August 27th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,143.89.

View Our Latest Report on Dunelm Group

Dunelm Group Trading Down 12.5%

LON:DNLM opened at GBX 776 on Tuesday. The company has a market capitalization of £1.56 billion, a P/E ratio of 10.56, a P/E/G ratio of -10.32 and a beta of 0.97. The stock’s 50 day moving average price is GBX 858.72 and its 200 day moving average price is GBX 835.01. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83. Dunelm Group has a 52 week low of GBX 707 and a 52 week high of GBX 1,215.

Dunelm Group (LON:DNLMGet Free Report) last posted its earnings results on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a net margin of 8.29% and a return on equity of 105.88%. On average, research analysts forecast that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

Dunelm Group Company Profile

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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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