Dunelm Group plc (DNLM) Receives Consensus Rating of “Hold” from Analysts
Shares of Dunelm Group plc (LON:DNLM) have been assigned an average recommendation of “Hold” from the twelve research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 691.70 ($8.93).
Several brokerages have recently weighed in on DNLM. Barclays PLC reaffirmed an “overweight” rating on shares of Dunelm Group plc in a research note on Monday, August 14th. Deutsche Bank AG reduced their target price on Dunelm Group plc from GBX 665 ($8.59) to GBX 630 ($8.14) and set a “hold” rating for the company in a research note on Friday, September 8th. HSBC Holdings plc downgraded Dunelm Group plc to a “hold” rating and reduced their target price for the stock from GBX 800 ($10.33) to GBX 640 ($8.27) in a research note on Wednesday, May 17th. N+1 Singer reaffirmed a “not rated” rating on shares of Dunelm Group plc in a research note on Wednesday. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 620 ($8.01) target price on shares of Dunelm Group plc in a research note on Wednesday.
Shares of Dunelm Group plc (LON DNLM) traded up 8.35% during midday trading on Wednesday, reaching GBX 661.50. 761,220 shares of the company’s stock were exchanged. The company’s 50-day moving average is GBX 615.82 and its 200-day moving average is GBX 616.35. Dunelm Group plc has a one year low of GBX 541.50 and a one year high of GBX 925.00. The stock’s market cap is GBX 1.33 billion.
In other news, insider John Browett acquired 9,098 shares of Dunelm Group plc stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average cost of GBX 547 ($7.06) per share, with a total value of £49,766.06 ($64,272.32). Also, insider Simon Emeny acquired 2,685 shares of Dunelm Group plc stock in a transaction that occurred on Monday, July 17th. The stock was purchased at an average cost of GBX 556 ($7.18) per share, with a total value of £14,928.60 ($19,280.12). Over the last three months, insiders purchased 14,783 shares of company stock valued at $8,146,466.
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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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