Brokerages Set Dunelm Group plc (LON:DNLM) Target Price at GBX 1,411

Shares of Dunelm Group plc (LON:DNLM) have earned an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,397.13.

DNLM has been the topic of several research reports. JPMorgan Chase & Co. upped their price target on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Jefferies Financial Group boosted their price objective on shares of Dunelm Group from GBX 1,755 to GBX 1,817 and gave the stock a “hold” rating in a research report on Tuesday, October 28th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,480 price objective on shares of Dunelm Group in a report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft increased their price objective on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Finally, Shore Capital initiated coverage on Dunelm Group in a research note on Tuesday. They issued a “buy” rating and a GBX 1,300 target price for the company.

Insider Buying and Selling

In related news, insider Karen Witts sold 8,478 shares of the stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of GBX 1,144, for a total value of £96,988.32. Also, insider Clodagh Moriarty sold 51,119 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of GBX 1,148, for a total transaction of £586,846.12. Corporate insiders own 39.14% of the company’s stock.

Dunelm Group Stock Up 0.9%

Shares of DNLM opened at GBX 1,143 on Friday. The business’s 50 day simple moving average is GBX 1,122.08 and its 200-day simple moving average is GBX 1,157.93. Dunelm Group has a one year low of GBX 836.61 and a one year high of GBX 1,249. The company has a market capitalization of £2.30 billion, a P/E ratio of 14.88, a PEG ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16.

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%. As a group, sell-side analysts predict that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

Dunelm Group Company Profile

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.