Dunelm Group plc (LON:DNLM) had its price target reduced by equities researchers at Canaccord Genuity from GBX 875 ($10.64) to GBX 820 ($9.97) in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s target price indicates a potential upside of 10.51% from the company’s current price.

A number of other brokerages have also recently commented on DNLM. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,000 ($12.16) price objective on shares of Dunelm Group plc in a research note on Thursday, October 6th. Jefferies Group reiterated a “hold” rating and set a GBX 700 ($8.51) target price on shares of Dunelm Group plc in a report on Thursday, September 15th. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,000 ($12.16) target price on shares of Dunelm Group plc in a report on Thursday, September 15th. HSBC reiterated a “buy” rating and set a GBX 1,050 ($12.77) target price on shares of Dunelm Group plc in a report on Tuesday, November 29th. Finally, Deutsche Bank AG lifted their target price on Dunelm Group plc from GBX 855 ($10.40) to GBX 890 ($10.82) and gave the stock a “hold” rating in a report on Tuesday, November 29th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Dunelm Group plc presently has a consensus rating of “Hold” and an average target price of GBX 839.55 ($10.21).

Analyst Recommendations for Dunelm Group plc (LON:DNLM)

Shares of Dunelm Group plc (LON:DNLM) traded down 5.93% on Friday, reaching GBX 698.00. The company’s stock had a trading volume of 1,260,949 shares. The company’s 50 day moving average is GBX 774.91 and its 200-day moving average is GBX 823.83. Dunelm Group plc has a 1-year low of GBX 692.36 and a 1-year high of GBX 1,018.00. The stock’s market cap is GBX 1.41 billion.

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Dunelm Group plc Company Profile

Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.

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