Dunelm Group (LON:DNLM) Upgraded by Jefferies Financial Group to “Buy” Rating

Jefferies Financial Group upgraded shares of Dunelm Group (LON:DNLM) to a buy rating in a research note released on Monday morning, Marketbeat reports. Jefferies Financial Group currently has GBX 1,075 price objective on the stock.

Several other research firms have also issued reports on DNLM. Deutsche Bank Aktiengesellschaft cut their price target on 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. Panmure Gordon cut their price objective on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a research note on Monday, January 19th. Shore Capital Group reduced their target price on shares of 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. Royal Bank Of Canada raised shares of Dunelm Group to an “outperform” rating and lifted their price target for the company from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. Finally, Berenberg Bank reduced their price objective on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a research note on Friday, January 16th. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,216.67.

Dunelm Group Trading Up 0.7%

Shares of DNLM stock opened at GBX 936.50 on Monday. 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 company has a market cap of £1.90 billion, a price-to-earnings ratio of 12.19, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 1 year low of GBX 836.61 and a 1 year high of GBX 1,249. The firm has a fifty day moving average price of GBX 1,058.25 and a 200-day moving average price of GBX 1,113.67.

Insider Activity

In related news, insider Karen Witts bought 10,790 shares of the stock in a transaction dated Monday, December 1st. The shares were purchased at an average price of GBX 1,104 per share, with a total value of £119,121.60. 34.15% of the stock is currently owned by insiders.

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.