Dunelm Group (LON:DNLM) Stock Rating Reaffirmed by Peel Hunt

Dunelm Group (LON:DNLMGet Rating)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 1,750 ($22.80) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 66.67% from the stock’s previous close.

A number of other equities research analysts have also weighed in on DNLM. Royal Bank of Canada lowered their price objective on Dunelm Group from GBX 1,650 ($21.50) to GBX 1,400 ($18.24) and set an “outperform” rating on the stock in a report on Monday. Berenberg Bank restated a “buy” rating and issued a GBX 1,710 ($22.28) price target on shares of Dunelm Group in a research note on Tuesday, March 1st. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 1,400 ($18.24) price objective on shares of Dunelm Group in a research report on Wednesday, March 30th. Finally, Barclays restated an “overweight” rating and set a GBX 1,775 ($23.13) target price on shares of Dunelm Group in a research report on Wednesday, February 9th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 1,662.14 ($21.66).

DNLM stock opened at GBX 1,050 ($13.68) on Tuesday. The stock has a market capitalization of £2.12 billion and a PE ratio of 14.16. The company has a fifty day moving average of GBX 1,163.86 and a 200-day moving average of GBX 1,292.92. The company has a debt-to-equity ratio of 137.57, a quick ratio of 0.26 and a current ratio of 1.03. Dunelm Group has a one year low of GBX 963.50 ($12.56) and a one year high of GBX 1,599 ($20.84).

In related news, insider William Reeve acquired 2,000 shares of the business’s stock in a transaction dated Friday, February 25th. The shares were acquired at an average cost of GBX 1,169 ($15.23) per share, for a total transaction of £23,380 ($30,466.51). Also, insider Ian Bull bought 3,000 shares of the firm’s stock in a transaction that occurred on Friday, March 11th. The stock was bought at an average cost of GBX 1,100 ($14.33) per share, for a total transaction of £33,000 ($43,002.35).

About Dunelm Group (Get Rating)

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bean bags; bed frames, mattresses, storage beds, divan bases, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, mattress toppers, protectors, and baby and kids beddings.

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Analyst Recommendations for Dunelm Group (LON:DNLM)

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