Brokerages Set Dunelm Group plc (LON:DNLM) PT at GBX 1,143.89

Shares of Dunelm Group plc (LON:DNLMGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and eight have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,111.11.

Several research firms have recently weighed in on DNLM. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,200 price objective on shares of Dunelm Group in a report on Wednesday. JPMorgan Chase & Co. reduced their target price on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their price target on Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a report on Wednesday. Shore Capital Group reissued a “buy” rating and issued a GBX 1,000 price objective on shares of Dunelm Group in a research note on Tuesday. Finally, Canaccord Genuity Group lowered their target price on Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating for the company in a research note on Thursday.

Get Our Latest Report on Dunelm Group

Dunelm Group Stock Up 1.0%

Shares of LON:DNLM opened at GBX 756.96 on Friday. Dunelm Group has a 52 week low of GBX 707 and a 52 week high of GBX 1,174. The company has a debt-to-equity ratio of 258.52, a quick ratio of 0.16 and a current ratio of 1.02. The company’s fifty day moving average is GBX 855.18 and its 200-day moving average is GBX 829.71. The company has a market capitalization of £1.53 billion, a PE ratio of 10.30, a P/E/G ratio of -10.32 and a beta of 0.97.

Dunelm Group (LON:DNLMGet Free Report) last announced its earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. Equities research analysts predict that Dunelm Group will post 77.0957096 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Alison Brittain bought 10,000 shares of Dunelm Group stock in a transaction dated Wednesday, September 9th. The shares were bought at an average cost of GBX 732 per share, for a total transaction of £73,200. Also, insider Ian Bull purchased 2,500 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average cost of GBX 748 per share, with a total value of £18,700. 34.19% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Dunelm Group

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

  • Positive Sentiment: Non-executive director Alison Brittain purchased 10,000 shares for approximately £73,200 at an average price of GBX 732. The sizeable investment may signal confidence that Dunelm’s recent weakness has created an attractive valuation.
  • Positive Sentiment: Non-executive director Ian Bull bought 2,500 shares for £18,700 at GBX 748, providing another insider-confidence signal. Dunelm Group Insider Buying
  • Positive Sentiment: Berenberg reaffirmed its “buy” rating with a GBX 1,200 target, while Shore Capital also maintained a “buy” recommendation with a GBX 1,000 target. These targets remain above the recent trading range. Berenberg Reaffirms Buy Rating
  • Neutral Sentiment: Dunelm retains a “Moderate Buy” consensus, with eight analysts rating the shares “buy” and one rating them “sell.” The average target is GBX 1,111.11, suggesting substantial potential upside but also some disagreement among analysts.
  • Negative Sentiment: JPMorgan reduced its target from GBX 1,225 to GBX 1,050, Deutsche Bank cut its target from GBX 1,050 to GBX 1,000, and Canaccord lowered its target from GBX 1,240 to GBX 1,185. Although the firms retained positive ratings, the cuts indicate more measured views on Dunelm’s growth or valuation. Deutsche Bank Forecast for Dunelm

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.

See Also

Analyst Recommendations for Dunelm Group (LON:DNLM)

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