Dunelm Group plc (DNLM) Rating Reiterated by J P Morgan Chase & Co
Dunelm Group plc (LON:DNLM)‘s stock had its “overweight” rating reissued by equities researchers at J P Morgan Chase & Co in a research report issued on Thursday. They presently have a GBX 760 ($9.82) target price on the stock. J P Morgan Chase & Co’s price target would suggest a potential upside of 16.92% from the company’s previous close.
Other equities analysts also recently issued reports about the company. Deutsche Bank AG dropped their target price on Dunelm Group plc from GBX 730 ($9.43) to GBX 665 ($8.59) and set a “hold” rating for the company in a research report on Monday, July 10th. Canaccord Genuity dropped their target price on 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. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 640 ($8.27) target price on shares of Dunelm Group plc in a research report on Wednesday, June 7th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 720 ($9.30) target price on shares of Dunelm Group plc in a research report on Thursday. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 620 ($8.01) target price on shares of Dunelm Group plc in a research report on Wednesday, July 5th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 694.27 ($8.97).
Shares of Dunelm Group plc (DNLM) opened at 650.00 on Thursday. The stock’s market capitalization is GBX 1.31 billion. The company has a 50-day moving average of GBX 619.34 and a 200-day moving average of GBX 616.83. Dunelm Group plc has a 1-year low of GBX 541.50 and a 1-year high of GBX 898.00.
In related news, insider William Reeve acquired 3,000 shares of the stock in a transaction dated Friday, July 14th. The stock was acquired at an average cost of GBX 559 ($7.22) per share, with a total value of £16,770 ($21,658.27). Also, insider Simon Emeny acquired 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). Over the last three months, insiders have bought 14,783 shares of company stock valued at $8,146,466.
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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