Dunelm Group plc (LON:DNLM) Receives GBX 1,411 Consensus Target Price from Brokerages

Dunelm Group plc (LON:DNLM) has been given an average recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 1,397.13.

Several research analysts have weighed in on the company. Royal Bank Of Canada raised Dunelm Group to an “outperform” rating and upped their target price for the stock from GBX 1,200 to GBX 1,300 in a research report on Monday, November 3rd. Jefferies Financial Group boosted their price target 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. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,320 price objective on shares of Dunelm Group in a research report on Wednesday, September 10th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,480 target price on shares of Dunelm Group in a research note on Tuesday, September 9th. Finally, Shore Capital initiated coverage on shares of Dunelm Group in a research report on Tuesday. They issued a “buy” rating and a GBX 1,300 target price for the company.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Daniel Taylor acquired 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was purchased at an average cost of GBX 1,163 per share, for a total transaction of £46,520. Also, insider Luisa Wright sold 2,257 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of GBX 1,121, for a total transaction of £25,300.97. Insiders sold a total of 61,854 shares of company stock worth $70,913,541 in the last 90 days. 39.14% of the stock is currently owned by company insiders.

Dunelm Group Stock Down 0.6%

DNLM stock opened at GBX 1,126.95 on Friday. The company has a 50 day moving average of GBX 1,120.14 and a two-hundred day moving average of GBX 1,157.63. The company has a market cap of £2.27 billion, a price-to-earnings ratio of 14.67, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,249. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last posted its quarterly earnings results on Tuesday, September 9th. The company reported GBX 77.20 EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, equities analysts anticipate that Dunelm Group will post 77.0957096 earnings per share for the current fiscal year.

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.