Dunelm Group plc (LON:DNLM) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Dunelm Group plc (LON:DNLM) have received an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 1,216.67.

A number of brokerages have issued reports on DNLM. JPMorgan Chase & Co. boosted their price target on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Royal Bank Of Canada upgraded shares of Dunelm Group to an “outperform” rating and lifted their price objective for the company from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. 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 on the stock in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft dropped 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 note on Friday, January 16th. Finally, 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.

Insider Activity

In other news, insider Karen Witts purchased 10,790 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average price of GBX 1,104 per share, for a total transaction of £119,121.60. Also, insider Luisa Wright purchased 2,442 shares of the stock in a transaction on Friday, February 13th. The shares were purchased at an average price of GBX 963 per share, with a total value of £23,516.46. Company insiders own 34.15% of the company’s stock.

Dunelm Group Stock Up 0.7%

LON:DNLM opened at GBX 973.18 on Tuesday. Dunelm Group has a 52 week low of GBX 836.61 and a 52 week high of GBX 1,249. The stock’s fifty day moving average is GBX 1,042.77 and its two-hundred day moving average is GBX 1,104.94. The stock has a market capitalization of £1.97 billion, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last posted its quarterly earnings data on Tuesday, February 10th. The company reported GBX 42 earnings per share (EPS) for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Research analysts anticipate 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.