Dunelm Group plc (LON:DNLM) Receives GBX 1,216.67 Average Target Price from Analysts

Dunelm Group plc (LON:DNLM) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 1,216.67.

Several research firms have issued reports on DNLM. Jefferies Financial Group upgraded shares of Dunelm Group to a “buy” rating and set a GBX 1,075 price objective for the company in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating for the company in a research report on Friday, January 16th. Shore Capital Group lowered their price target on Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating for the company in a report on Tuesday, January 27th. Berenberg Bank cut their price objective on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research report on Friday, January 16th. Finally, Panmure Gordon reduced their price objective on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research note on Monday, January 19th.

Insider Buying and Selling

In related news, insider Luisa Wright purchased 2,442 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was purchased at an average price of GBX 963 per share, for a total transaction of £23,516.46. Company insiders own 34.13% of the company’s stock.

Dunelm Group Price Performance

DNLM stock opened at GBX 856.50 on Friday. The company has a market cap of £1.73 billion, a PE ratio of 11.65, a price-to-earnings-growth ratio of -10.32 and a beta of 0.92. The company has a current ratio of 0.83, a quick ratio of 0.16 and a debt-to-equity ratio of 175.79. The stock has a 50-day moving average price of GBX 975.94 and a two-hundred day moving average price of GBX 1,068.28. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,249.

Dunelm Group (LON:DNLM) last released its quarterly earnings data on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a return on equity of 105.88% and a net margin of 8.29%. As a group, research analysts predict that Dunelm Group will post 77.0957096 EPS for the current 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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.