Analysts Set Dunelm Group plc (LON:DNLM) Target Price at GBX 1,251

Shares of Dunelm Group plc (LON:DNLM) have earned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 1,251 ($16.75).

Several brokerages have weighed in on DNLM. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research note on Thursday, April 17th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,270 ($17.01) target price on shares of Dunelm Group in a research note on Tuesday, February 11th.

Insider Transactions at Dunelm Group

In other Dunelm Group news, insider Ajay Kavan bought 2,621 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The stock was purchased at an average cost of GBX 1,142 ($15.29) per share, for a total transaction of £29,931.82 ($40,085.47). Insiders own 34.28% of the company’s stock.

Dunelm Group Trading Down 0.5%

DNLM opened at GBX 1,199 ($16.06) on Friday. Dunelm Group has a one year low of GBX 836.61 ($11.20) and a one year high of GBX 1,279 ($17.13). The company has a market cap of £2.42 billion, a P/E ratio of 15.96, a PEG ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The business’s 50-day simple moving average is GBX 1,012.97 and its 200-day simple moving average is GBX 1,032.49.

About Dunelm Group

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.