Dunelm Group (LON:DNLM) PT Raised to GBX 1,300 at Barclays

Dunelm Group (LON:DNLM – Get Rating) had its price objective boosted by analysts at Barclays from GBX 1,100 ($13.42) to GBX 1,300 ($15.86) in a note issued to investors on Friday, Marketbeat.com reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price would indicate a potential upside of 20.93% from the company’s current price.

DNLM has been the topic of a number of other reports. Numis Securities restated a “buy” rating and set a GBX 1,050 ($12.81) price target on shares of Dunelm Group in a report on Thursday. Berenberg Bank restated a “buy” rating and set a GBX 1,130 ($13.79) price target on shares of Dunelm Group in a report on Tuesday, November 29th. Finally, JPMorgan Chase & Co. cut their price target on Dunelm Group from GBX 1,230 ($15.01) to GBX 1,130 ($13.79) and set a “neutral” rating on the stock in a report on Friday, October 21st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Dunelm Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,221.67 ($14.91).

Dunelm Group Stock Performance

Shares of DNLM stock opened at GBX 1,075 ($13.12) on Friday. The stock has a market capitalization of £2.16 billion and a PE ratio of 1,279.76. Dunelm Group has a one year low of GBX 659.50 ($8.05) and a one year high of GBX 1,354 ($16.52). The business’s 50 day simple moving average is GBX 995.02 and its 200 day simple moving average is GBX 867.44. The company has a debt-to-equity ratio of 185.59, a current ratio of 1.08 and a quick ratio of 0.16.

Insider Buying and Selling

In related news, insider Nick Wilkinson sold 47,104 shares of the stock in a transaction on Monday, November 7th. The stock was sold at an average price of GBX 927 ($11.31), for a total value of £436,654.08 ($532,829.87).

Dunelm Group Company Profile

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Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and chairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.