Brokerages Set Dunelm Group plc (LON:DNLM) PT at GBX 1,199.44

Shares of Dunelm Group plc (LON:DNLM) have received a consensus rating of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 1,199.44.

DNLM has been the subject of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a research report on Thursday, April 16th. Canaccord Genuity Group decreased their price target on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a research report on Friday, April 17th. Berenberg Bank decreased their price target on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a research report on Friday, April 17th. Finally, Shore Capital Group reiterated a “buy” rating on shares of Dunelm Group in a research report on Thursday, April 16th.

Insider Transactions at Dunelm Group

In other Dunelm Group news, insider Alison Brittain acquired 12,500 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was purchased at an average cost of GBX 764 per share, for a total transaction of £95,500. Also, insider Ajay Kavan acquired 3,947 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of GBX 756 per share, with a total value of £29,839.32. Company insiders own 34.22% of the company’s stock.

Dunelm Group Trading Up 0.2%

LON:DNLM opened at GBX 814 on Monday. The company has a quick ratio of 0.16, a current ratio of 0.83 and a debt-to-equity ratio of 175.79. Dunelm Group has a 1-year low of GBX 707 and a 1-year high of GBX 1,249. The firm has a market capitalization of £1.64 billion, a price-to-earnings ratio of 11.07, a price-to-earnings-growth ratio of -10.32 and a beta of 0.96. The stock has a fifty day simple moving average of GBX 776.88 and a 200 day simple moving average of GBX 902.44.

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.