Dunelm Group (LON:DNLM) Given Buy Rating at Jefferies Financial Group

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They currently have a GBX 1,030 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 18.39% from the stock’s current price.

DNLM has been the subject of a number of other research reports. Shore Capital Group reiterated a “buy” rating and set a GBX 1,000 target price on shares of Dunelm Group in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research report on Wednesday, September 9th. Canaccord Genuity Group dropped their price objective on Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating on the stock in a report on Thursday, September 10th. JPMorgan Chase & Co. cut their target price on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a research report on Wednesday, September 9th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,200 target price on shares of Dunelm Group in a research note on Wednesday, September 9th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 1,106.11.

Dunelm Group Trading Up 8.6%

DNLM opened at GBX 870 on Thursday. The firm has a market capitalization of £1.75 billion, a price-to-earnings ratio of 11.33, a price-to-earnings-growth ratio of -10.32 and a beta of 1.03. The company’s 50 day simple moving average is GBX 824.82 and its two-hundred day simple moving average is GBX 810.38. Dunelm Group has a 1-year low of GBX 707 and a 1-year high of GBX 1,174. The company has a debt-to-equity ratio of 258.52, a current ratio of 1.02 and a quick ratio of 0.16.

Dunelm Group (LON:DNLM) last announced its quarterly earnings data on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a return on equity of 99.65% and a net margin of 8.52%. Analysts expect that Dunelm Group will post 77.10 EPS for the current fiscal year.

Insider Activity

In other Dunelm Group news, insider Clodagh Moriarty sold 47,817 shares of Dunelm Group stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of GBX 800, for a total value of £382,536. Also, insider Ian Bull bought 2,500 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were acquired at an average cost of GBX 748 per share, with a total value of £18,700. Insiders bought a total of 18,302 shares of company stock valued at $13,633,906 over the last ninety days. 34.22% of the stock is currently owned by company 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.