Dunelm Group plc (DNLM) Receives Overweight Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Dunelm Group plc (LON:DNLM) in a research note released on Friday. The brokerage currently has a GBX 890 ($11.62) price objective on the stock.
A number of other brokerages have also weighed in on DNLM. Peel Hunt reissued a buy rating and issued a GBX 1,000 ($13.05) price target on shares of Dunelm Group plc in a report on Wednesday, September 14th. Canaccord Genuity reissued a hold rating and issued a GBX 875 ($11.42) price target on shares of Dunelm Group plc in a report on Wednesday, September 14th. Royal Bank Of Canada reissued an underperform rating and issued a GBX 800 ($10.44) price target on shares of Dunelm Group plc in a report on Monday, September 19th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 855 ($11.16) target price on shares of Dunelm Group plc in a report on Thursday, September 15th. Finally, Jefferies Group reaffirmed a hold rating and set a GBX 700 ($9.14) target price on shares of Dunelm Group plc in a report on Thursday, September 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. Dunelm Group plc has a consensus rating of Hold and an average price target of GBX 897.50 ($11.72).
Dunelm Group plc (LON:DNLM) traded down 1.19% during trading on Friday, hitting GBX 790.00. 217,416 shares of the stock were exchanged. Dunelm Group plc has a 12-month low of GBX 724.00 and a 12-month high of GBX 1,023.00. The firm’s market capitalization is GBX 1.60 billion. The stock has a 50 day moving average price of GBX 883.62 and a 200-day moving average price of GBX 889.33.
The business also recently disclosed a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 3rd will be given a GBX 19.10 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a yield of 2.14%.
In related news, insider William Reeve acquired 2,500 shares of the business’s stock in a transaction that occurred on Thursday, October 6th. The shares were acquired at an average cost of GBX 823 ($10.74) per share, with a total value of £20,575 ($26,856.81). Also, insider Down,Keith acquired 5,629 shares of the business’s stock in a transaction that occurred on Friday, August 5th. The stock was bought at an average cost of GBX 865 ($11.29) per share, for a total transaction of £48,690.85 ($63,556.78).
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.
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