Canaccord Genuity Lowers Dunelm Group plc (DNLM) to Hold
Canaccord Genuity lowered shares of Dunelm Group plc (LON:DNLM) to a hold rating in a research report released on Thursday. They currently have GBX 920 ($12.01) price target on the stock, up from their prior price target of GBX 875 ($11.42).
Other equities analysts also recently issued reports about the stock. Peel Hunt cut their price target on shares of Dunelm Group plc from GBX 1,000 ($13.05) to GBX 900 ($11.75) and set an add rating on the stock in a report on Thursday, July 7th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 890 ($11.62) price target on shares of Dunelm Group plc in a report on Monday, July 11th. Royal Bank Of Canada reiterated an underperform rating and set a GBX 800 ($10.44) price target on shares of Dunelm Group plc in a report on Monday, July 18th. Jefferies Group restated a hold rating and issued a GBX 700 ($9.14) target price on shares of Dunelm Group plc in a research note on Monday, July 11th. Finally, Numis Securities Ltd restated an add rating and issued a GBX 1,000 ($13.05) target price on shares of Dunelm Group plc in a research note on Thursday, September 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 883.64 ($11.53).
Dunelm Group plc (LON:DNLM) opened at 871.78 on Thursday. The company has a 50-day moving average of GBX 893.42 and a 200-day moving average of GBX 897.91. The stock’s market capitalization is GBX 1.77 billion. Dunelm Group plc has a one year low of GBX 724.00 and a one year high of GBX 1,023.00.
The firm also recently disclosed a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd will be paid a dividend of GBX 19.10 ($0.25) per share. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a dividend yield of 2.14%.
In other news, insider Down,Keith bought 5,629 shares of the firm’s stock in a transaction that occurred on Friday, August 5th. The stock was bought at an average price of GBX 865 ($11.29) per share, with a total value of £48,690.85 ($63,556.78). Also, insider Browett,John bought 4,534 shares of the firm’s stock in a transaction that occurred on Tuesday, August 2nd. The shares were purchased at an average cost of GBX 860 ($11.23) per share, with a total value of £38,992.40 ($50,897.27).
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based homewares retailer. The Company operates through retail of homewares in the United Kingdom segment. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions.
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