Dunelm Group (LON:DNLM) Earns “Buy” Rating from Berenberg Bank

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a report released on Tuesday, Marketbeat.com reports. They presently have a GBX 1,480 price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 35.99% from the stock’s current price.

Other analysts also recently issued research reports about the stock. JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a “neutral” rating in a research note on Friday, July 18th. UBS Group reissued a “buy” rating and issued a GBX 1,385 price objective on shares of Dunelm Group in a research note on Friday, September 5th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,320 price objective on shares of Dunelm Group in a research note on Wednesday. Shore Capital reissued a “no recommendation” rating on shares of Dunelm Group in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,349.17.

Dunelm Group Trading Down 2.6%

DNLM opened at GBX 1,088.31 on Tuesday. The firm has a market cap of £2.19 billion, a P/E ratio of 1,454.96, a P/E/G ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12 month low of GBX 836.61 and a 12 month high of GBX 1,259. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The stock has a 50-day moving average of GBX 1,187.96 and a 200 day moving average of GBX 1,103.98.

Dunelm Group (LON:DNLM) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX 77.20 EPS for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, research analysts forecast that Dunelm Group will post 77.0957096 EPS for the current year.

Insider Buying and Selling at Dunelm Group

In other news, insider Karen Witts sold 24,277 shares of Dunelm Group stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total transaction of £285,983.06. Corporate insiders own 39.14% of the company’s stock.

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.