Peel Hunt Reiterates Buy Rating for Dunelm Group plc (DNLM)
Peel Hunt reissued their buy rating on shares of Dunelm Group plc (LON:DNLM) in a research report sent to investors on Wednesday. The brokerage currently has a GBX 1,000 ($13.05) target price on the stock.
DNLM has been the subject of several other research reports. Royal Bank Of Canada reiterated an underperform rating on shares of Dunelm Group plc in a report on Monday, August 1st. JPMorgan Chase & Co. decreased their price target on shares of Dunelm Group plc from GBX 1,000 ($13.05) to GBX 890 ($11.62) and set an overweight rating for the company in a research report on Tuesday, July 5th. Jefferies Group decreased their price target on shares of Dunelm Group plc from GBX 845 ($11.03) to GBX 700 ($9.14) and set a hold rating for the company in a research report on Tuesday, July 5th. Finally, Canaccord Genuity reissued a buy rating and issued a GBX 875 ($11.42) price target on shares of Dunelm Group plc in a research report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. Dunelm Group plc presently has an average rating of Hold and an average price target of GBX 883.64 ($11.53).
Dunelm Group plc (LON:DNLM) opened at 875.00 on Wednesday. The firm’s market capitalization is GBX 1.77 billion. Dunelm Group plc has a 52-week low of GBX 724.00 and a 52-week high of GBX 1,023.00. The company has a 50 day moving average price of GBX 893.42 and a 200 day moving average price of GBX 897.91.
The company also recently declared a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd will be paid a dividend of GBX 19.10 ($0.25) per share. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a dividend yield of 2.14%.
In other news, insider Down,Keith purchased 5,629 shares of the company’s stock in a transaction dated Friday, August 5th. The shares were acquired at an average cost of GBX 865 ($11.29) per share, for a total transaction of £48,690.85 ($63,556.78). Also, insider Browett,John purchased 4,534 shares of the company’s stock in a transaction dated Tuesday, August 2nd. The shares were purchased at an average price of GBX 860 ($11.23) per share, for a total transaction of £38,992.40 ($50,897.27).
Dunelm Group plc Company Profile
Dunelm Group plc is a United Kingdom-based homewares retailer. The Company operates through retail of homewares in the United Kingdom segment. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions.
Receive News & Ratings for Dunelm Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunelm Group plc and related companies with MarketBeat.com's FREE daily email newsletter.