Dunelm Group (LON:DNLM) Given New GBX 1,200 Price Target at Shore Capital

Dunelm Group (LON:DNLM) had its price objective lowered by Shore Capital from GBX 1,300 to GBX 1,200 in a research note released on Tuesday, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Panmure Gordon dropped their target price on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a research report on Monday, January 19th. Royal Bank Of Canada raised Dunelm Group to an “outperform” rating and boosted their price objective for the stock from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. Berenberg Bank reduced their target price on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research note on Friday, January 16th. 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 research report on Friday, January 16th. Finally, UBS Group restated a “buy” rating and issued a GBX 1,360 price objective on shares of Dunelm Group in a report on Friday, October 17th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Dunelm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,216.67.

Dunelm Group Stock Performance

DNLM stock opened at GBX 947 on Tuesday. The company has a 50 day moving average price of GBX 1,085.65 and a 200 day moving average price of GBX 1,129.17. Dunelm Group has a fifty-two week low of GBX 836.61 and a fifty-two week high of GBX 1,249. 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 stock has a market capitalization of £1.91 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Insider Activity at Dunelm Group

In other Dunelm Group news, insider Luisa Wright sold 2,257 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of GBX 1,121, for a total value of £25,300.97. Also, insider Daniel Taylor purchased 4,000 shares of Dunelm Group stock in a transaction dated Monday, November 3rd. The shares were purchased at an average cost of GBX 1,163 per share, for a total transaction of £46,520. Insiders have bought 17,790 shares of company stock worth $20,056,160 in the last ninety days. Company insiders own 34.16% of the company’s stock.

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.