Dunelm Group (LON:DNLM) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Dunelm Group (LON:DNLM) to a buy rating in a research note issued to investors on Monday morning, MarketBeat Ratings reports. Jefferies Financial Group currently has GBX 1,075 price target on the stock.

A number of other equities analysts have also recently issued reports on DNLM. UBS Group reiterated a “buy” rating and set a GBX 1,360 target price on shares of Dunelm Group in a report on Friday, October 17th. Panmure Gordon dropped their price target on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research note on Monday, January 19th. Berenberg Bank cut their price objective on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a research report on Friday, January 16th. Shore Capital Group reduced their target price on shares of Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating for the company in a research report on Friday, January 16th. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,216.67.

Dunelm Group Stock Down 0.8%

Shares of LON DNLM opened at GBX 952 on Monday. The firm’s 50-day moving average is GBX 1,052.10 and its 200-day moving average is GBX 1,110.79. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. Dunelm Group has a 1 year low of GBX 836.61 and a 1 year high of GBX 1,249. The firm has a market capitalization of £1.93 billion, a PE ratio of 12.40, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last posted its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Equities analysts expect that Dunelm Group will post 77.0957096 EPS for the current year.

Insider Activity at Dunelm Group

In other news, insider Karen Witts acquired 10,790 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were bought at an average price of GBX 1,104 per share, with a total value of £119,121.60. Insiders own 34.15% of the company’s stock.

About Dunelm Group

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.