Dunelm Group plc (DNLM) Earns Underperform Rating from Jefferies Group LLC
Jefferies Group LLC reissued their underperform rating on shares of Dunelm Group plc (LON:DNLM) in a research report released on Wednesday morning, Marketbeat.com reports. Jefferies Group LLC currently has a GBX 515 ($6.94) price objective on the stock.
Other equities analysts have also recently issued reports about the stock. Canaccord Genuity lowered their price target on shares of Dunelm Group plc from GBX 798 ($10.76) to GBX 752 ($10.14) and set a buy rating on the stock in a research note on Monday, July 10th. Deutsche Bank AG lowered their price target on shares of Dunelm Group plc from GBX 730 ($9.84) to GBX 665 ($8.97) and set a hold rating on the stock in a research note on Monday, July 10th. Peel Hunt reaffirmed a hold rating and set a GBX 620 ($8.36) price target on shares of Dunelm Group plc in a research note on Wednesday, July 5th. HSBC Holdings plc reaffirmed a hold rating and set a GBX 640 ($8.63) price target on shares of Dunelm Group plc in a research note on Friday, June 30th. Finally, N+1 Singer reaffirmed a not rated rating on shares of Dunelm Group plc in a research note on Wednesday, September 13th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Dunelm Group plc presently has a consensus rating of Hold and a consensus price target of GBX 694.27 ($9.36).
Dunelm Group plc (LON DNLM) opened at 654.00 on Wednesday. The stock’s market capitalization is GBX 1.32 billion. Dunelm Group plc has a 12-month low of GBX 541.50 and a 12-month high of GBX 880.50. The firm’s 50-day moving average is GBX 621.27 and its 200 day moving average is GBX 616.23.
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The firm also recently disclosed a dividend, which will be paid on Friday, November 24th. Investors of record on Thursday, November 2nd will be paid a GBX 19.50 ($0.26) dividend. This represents a yield of 3%. This is a boost from Dunelm Group plc’s previous dividend of $6.50. The ex-dividend date of this dividend is Thursday, November 2nd.
In related news, insider Keith Down sold 8,000 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of GBX 647 ($8.72), for a total value of £51,760 ($69,785.63). Also, insider Simon Emeny acquired 2,685 shares of the stock in a transaction that occurred on Monday, July 17th. The stock was acquired at an average cost of GBX 556 ($7.50) per share, for a total transaction of £14,928.60 ($20,127.54). Over the last three months, insiders purchased 14,783 shares of company stock worth $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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