Dunelm Group plc (LON:DNLM) Stock Has Consensus Price Target of GBX 1,074.38

Shares of Dunelm Group plc (LON:DNLM) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating and seven have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,074.38.

Several equities research analysts have recently weighed in on the company. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,000 target price on shares of Dunelm Group in a research report on Friday, September 18th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,030 target price on shares of Dunelm Group in a report on Thursday, October 15th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,185 price target on shares of Dunelm Group in a research report on Friday, October 16th. Berenberg Bank restated a “buy” rating and issued a GBX 1,200 price target on shares of Dunelm Group in a report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. decreased their price target on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating for the company in a report on Wednesday, September 9th.

Insider Buying and Selling at Dunelm Group

In other news, insider Ajay Kavan acquired 3,302 shares of the business’s stock in a transaction on Monday, September 14th. The shares were purchased at an average price of GBX 753 per share, for a total transaction of £24,864.06. Also, insider Clodagh Moriarty sold 47,817 shares of the business’s stock in a transaction dated Monday, September 28th. The stock was sold at an average price of GBX 800, for a total value of £382,536. In the last quarter, insiders acquired 18,302 shares of company stock valued at $13,633,906. 34.22% of the stock is owned by company insiders.

Dunelm Group Price Performance

Shares of Dunelm Group stock opened at GBX 869 on Friday. Dunelm Group has a twelve month low of GBX 707 and a twelve month high of GBX 1,172. The stock has a market cap of £1.75 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of -10.32 and a beta of 1.03. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52. The company has a fifty day moving average price of GBX 822.46 and a 200 day moving average price of GBX 845.62.

Dunelm Group (LON:DNLM) last released 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%. Equities research analysts forecast that Dunelm Group will post 77.10 earnings per share for the current fiscal year.

Dunelm Group Company Profile

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.