Dunelm Group plc (LON:DNLM) Receives GBX 1,227.78 Consensus PT from Analysts

Dunelm Group plc (LON:DNLM) has been given a consensus rating of “Moderate Buy” by the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 1,216.67.

Several equities research analysts recently commented on DNLM shares. Shore Capital cut their price objective on shares of Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating on the stock in a research report on Tuesday. Deutsche Bank Aktiengesellschaft cut their price target on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a report on Friday, January 16th. UBS Group reiterated a “buy” rating and set a GBX 1,360 price objective on shares of Dunelm Group in a report on Friday, October 17th. Berenberg Bank dropped their target price on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research report on Friday, January 16th. Finally, Royal Bank Of Canada raised Dunelm Group to an “outperform” rating and upped their price target for the stock from GBX 1,200 to GBX 1,300 in a research report on Monday, November 3rd.

Dunelm Group Stock Up 0.3%

Dunelm Group stock opened at GBX 926.43 on Friday. The stock has a market capitalization of £1.87 billion, a PE ratio of 12.06, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a twelve month low of GBX 836.61 and a twelve month high of GBX 1,249. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The company has a 50 day moving average of GBX 1,080.16 and a 200-day moving average of GBX 1,126.52.

Insider Buying and Selling

In other news, insider Luisa Wright sold 2,257 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of GBX 1,121, for a total value of £25,300.97. Also, insider Karen Witts bought 10,790 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average cost of GBX 1,104 per share, for a total transaction of £119,121.60. Over the last 90 days, insiders acquired 17,790 shares of company stock worth $20,056,160. 34.16% of the stock is owned by insiders.

About Dunelm Group

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.