Analysts Set Dunelm Group plc (LON:DNLM) PT at GBX 1,397.13

Shares of Dunelm Group plc (LON:DNLM) have earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,397.13.

Several equities analysts have recently issued reports on DNLM shares. UBS Group reaffirmed a “buy” rating and issued a GBX 1,360 target price on shares of Dunelm Group in a report on Friday, October 17th. Shore Capital started coverage on Dunelm Group in a research report on Tuesday, November 11th. They issued a “buy” rating and a GBX 1,300 price objective on the stock. Jefferies Financial Group upped their price objective on Dunelm Group from GBX 1,755 to GBX 1,817 and gave the company a “hold” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. lifted their target price on Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Finally, Royal Bank Of Canada raised shares of Dunelm Group to an “outperform” rating and boosted their price target for the stock from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd.

Dunelm Group Trading Down 0.6%

LON:DNLM opened at GBX 1,130 on Monday. Dunelm Group has a 52 week low of GBX 836.61 and a 52 week high of GBX 1,249. The firm has a 50-day moving average price of GBX 1,117.39 and a two-hundred day moving average price of GBX 1,143.99. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The firm has a market cap of £2.28 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Insider Activity at Dunelm Group

In other news, insider Clodagh Moriarty sold 51,119 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of GBX 1,148, for a total transaction of £586,846.12. Also, insider Luisa Wright sold 2,257 shares of Dunelm Group stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of GBX 1,121, for a total transaction of £25,300.97. In the last ninety days, insiders acquired 17,790 shares of company stock worth $20,056,160 and sold 61,854 shares worth $70,913,541. Company insiders own 34.16% of the company’s stock.

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.