UBS Group Reaffirms Buy Rating for Dunelm Group (LON:DNLM)

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reiterated by investment analysts at UBS Group in a research note issued to investors on Friday, Marketbeat.com reports. They presently have a GBX 1,360 price target on the stock. UBS Group’s target price indicates a potential upside of 21.65% from the stock’s current price.

A number of other brokerages also recently weighed in on DNLM. Shore Capital reissued a “no recommendation” rating on shares of Dunelm Group in a report on Tuesday, September 9th. Berenberg Bank reissued a “buy” rating and set a GBX 1,480 price objective on shares of Dunelm Group in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft lifted their target price on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,320 target price on shares of Dunelm Group in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. increased their price target on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a “neutral” rating in a research report on Friday, July 18th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,312.14.

Dunelm Group Stock Performance

DNLM opened at GBX 1,118 on Friday. The business has a 50 day moving average price of GBX 1,144.57 and a two-hundred day moving average price of GBX 1,135.49. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The company has a market capitalization of £2.25 billion, a price-to-earnings ratio of 1,455.73, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a 1-year low of GBX 836.61 and a 1-year high of GBX 1,254.

Dunelm Group (LON:DNLM) last posted its quarterly earnings data 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%. Research analysts predict that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

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.