Dunelm Group plc (LON:DNLM) Given Consensus Recommendation of “Moderate Buy” by Analysts

Dunelm Group plc (LON:DNLM) has been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,216.67.

Several equities research analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating and set a GBX 1,360 price target on shares of Dunelm Group in a research report on Friday, October 17th. Panmure Gordon decreased their price target on shares of Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research report on Monday, January 19th. JPMorgan Chase & Co. boosted their price objective on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Shore Capital reduced their price objective on Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating for the company in a research note on Tuesday. Finally, Berenberg Bank lowered their target price on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research report on Friday, January 16th.

Insider Activity

In related news, insider Karen Witts acquired 10,790 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average cost of GBX 1,104 per share, for a total transaction of £119,121.60. Also, insider Daniel Taylor bought 4,000 shares of Dunelm Group stock in a transaction that occurred on Monday, November 3rd. The stock was purchased at an average cost of GBX 1,163 per share, with a total value of £46,520. Insiders have purchased a total of 17,790 shares of company stock valued at $20,056,160 in the last ninety days. Corporate insiders own 34.16% of the company’s stock.

Dunelm Group Stock Up 0.2%

Dunelm Group stock opened at GBX 944 on Friday. Dunelm Group has a one year low of GBX 836.61 and a one year high of GBX 1,249. The stock has a fifty day moving average of GBX 1,085.65 and a 200 day moving average of GBX 1,129.17. 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 stock has a market cap of £1.90 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

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.