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

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a research report issued on Thursday, October 15th, Digital Look reports. They currently have a GBX 1,030 price objective on the stock. Jefferies Financial Group‘s price objective would suggest a potential upside of 20.19% from the company’s current price.

DNLM has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research note on Wednesday, September 9th. JPMorgan Chase & Co. dropped their price target on shares of Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a research note on Wednesday, September 9th. Canaccord Genuity Group cut their price objective on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating for the company in a research report on Thursday, September 10th. Berenberg Bank restated a “buy” rating and issued a GBX 1,200 price objective on shares of Dunelm Group in a research note on Wednesday, September 9th. Finally, Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,000 target price on shares of Dunelm Group in a report on Friday, September 18th. Seven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Dunelm Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,074.38.

Dunelm Group Stock Performance

LON:DNLM traded down GBX 29 during mid-day trading on Thursday, reaching GBX 857. The company’s stock had a trading volume of 332,040 shares, compared to its average volume of 1,901,631. Dunelm Group has a 12-month low of GBX 707 and a 12-month high of GBX 1,174. The firm’s fifty day moving average price is GBX 824.33 and its two-hundred day moving average price is GBX 813.50. 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 stock has a market cap of £1.73 billion, a P/E ratio of 11.16, a PEG ratio of -10.32 and a beta of 1.03.

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

Insider Buying and Selling

In other news, insider Katharine Poulter bought 2,500 shares of the stock in a transaction on Thursday, September 24th. The stock was acquired at an average cost of GBX 783 per share, for a total transaction of £19,575. Also, insider Ian Bull purchased 2,500 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were purchased at an average price of GBX 748 per share, for a total transaction of £18,700. Insiders bought 18,302 shares of company stock worth $13,633,906 over the last 90 days. Corporate insiders own 34.22% 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.