Dunelm Group (LON:DNLM) Receives “Buy” Rating from Shore Capital Group

Shore Capital Group restated their buy rating on shares of Dunelm Group (LON:DNLM) in a report released on Thursday morning,Digital Look reports.

A number of other analysts have also weighed in on the stock. Panmure Gordon lowered their price target on shares of Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a report on Monday, January 19th. Deutsche Bank Aktiengesellschaft lowered 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 report on Friday, January 16th. Berenberg Bank lowered their price target on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a report on Friday, January 16th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a report on Thursday. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 1,216.67.

Dunelm Group Stock Performance

LON DNLM opened at GBX 803 on Thursday. The firm has a market cap of £1.62 billion, a price-to-earnings ratio of 10.93, a PEG ratio of -10.32 and a beta of 1.03. The company has a 50 day moving average of GBX 888.65 and a 200-day moving average of GBX 1,020.89. The company has a current ratio of 0.83, a quick ratio of 0.16 and a debt-to-equity ratio of 175.79. Dunelm Group has a 1-year low of GBX 770 and a 1-year high of GBX 1,249.

Dunelm Group (LON:DNLM) last issued its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a net margin of 8.29% and a return on equity of 105.88%. On average, equities analysts forecast that Dunelm Group will post 77.0957096 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Dunelm Group news, insider Luisa Wright bought 2,442 shares of the stock in a transaction on Friday, February 13th. The stock was purchased at an average price of GBX 963 per share, with a total value of £23,516.46. Corporate insiders own 34.13% of the company’s stock.

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.