Deutsche Bank AG Reaffirms “Hold” Rating for Dunelm Group plc (DNLM)
Dunelm Group plc (LON:DNLM)‘s stock had its “hold” rating restated by analysts at Deutsche Bank AG in a report released on Thursday. They currently have a GBX 630 ($8.14) target price on the stock. Deutsche Bank AG’s target price points to a potential downside of 4.76% from the stock’s current price.
Several other equities research analysts also recently issued reports on DNLM. HSBC Holdings plc downgraded shares of Dunelm Group plc to a “hold” rating and cut their target price for the company from GBX 800 ($10.33) to GBX 640 ($8.27) in a research note on Wednesday, May 17th. Peel Hunt restated a “hold” rating and set a GBX 620 ($8.01) price objective on shares of Dunelm Group plc in a research report on Wednesday, July 5th. Jefferies Group LLC restated an “underperform” rating and set a GBX 515 ($6.65) price objective on shares of Dunelm Group plc in a research report on Wednesday, July 5th. Canaccord Genuity cut their price objective on shares of Dunelm Group plc from GBX 798 ($10.31) to GBX 752 ($9.71) and set a “buy” rating for the company in a research report on Monday, July 10th. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 760 ($9.82) price objective on shares of Dunelm Group plc in a research report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 694.27 ($8.97).
Dunelm Group plc (LON:DNLM) opened at 661.50 on Thursday. The company’s market capitalization is GBX 1.33 billion. Dunelm Group plc has a 52 week low of GBX 541.50 and a 52 week high of GBX 915.00. The company’s 50-day moving average price is GBX 616.64 and its 200 day moving average price is GBX 616.35.
TRADEMARK VIOLATION NOTICE: “Deutsche Bank AG Reaffirms “Hold” Rating for Dunelm Group plc (DNLM)” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.dailypolitical.com/2017/09/14/deutsche-bank-ag-reaffirms-hold-rating-for-dunelm-group-plc-dnlm.html.
In other Dunelm Group plc news, insider Simon Emeny bought 2,685 shares of the stock in a transaction dated Monday, July 17th. The shares were bought at an average cost of GBX 556 ($7.18) per share, with a total value of £14,928.60 ($19,280.12). Also, insider John Browett bought 9,098 shares of the stock in a transaction dated Wednesday, July 12th. The shares were acquired at an average cost of GBX 547 ($7.06) per share, for a total transaction of £49,766.06 ($64,272.32). Insiders have bought 14,783 shares of company stock worth $8,146,466 over the last ninety days.
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.
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.