Dunelm Group plc (LON:DNLM) Receives GBX 1,177.22 Average PT from Analysts

Shares of Dunelm Group plc (LON:DNLM) have received a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,177.22.

A number of research analysts have recently issued reports on DNLM shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,075 target price on shares of Dunelm Group in a report on Thursday, April 16th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 1,000 price target on shares of Dunelm Group in a report on Thursday. Canaccord Genuity Group lowered their price objective on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a research report on Friday, April 17th. Finally, Berenberg Bank dropped their price objective on shares of Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating on the stock in a research note on Friday, April 17th.

Insider Activity

In other news, insider Alison Brittain bought 12,500 shares of the stock in a transaction dated Thursday, May 7th. The shares were acquired at an average price of GBX 764 per share, with a total value of £95,500. Also, insider Ajay Kavan purchased 3,947 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of GBX 756 per share, for a total transaction of £29,839.32. 34.19% of the stock is owned by insiders.

Dunelm Group Price Performance

Dunelm Group stock opened at GBX 876 on Friday. Dunelm Group has a twelve month low of GBX 707 and a twelve month high of GBX 1,249. The stock has a 50 day moving average of GBX 784.60 and a two-hundred day moving average of GBX 868.85. 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 market capitalization of £1.77 billion, a price-to-earnings ratio of 11.92, a PEG ratio of -10.32 and a beta of 0.96.

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.

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