Dunelm Group’s (DNLM) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Dunelm Group (LON:DNLM) in a research note published on Thursday morning,Digital Look reports. They currently have a GBX 1,030 price target on the stock.

Other research analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price target on Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating for the company in a research note on Thursday, September 10th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 price objective on shares of Dunelm Group in a research note on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft cut their target price on 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. 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. Finally, JPMorgan Chase & Co. reduced 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. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dunelm Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,074.38.

Dunelm Group Trading Up 2.7%

Shares of LON DNLM opened at GBX 888 on Thursday. Dunelm Group has a 1-year low of GBX 707 and a 1-year high of GBX 1,174. 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 company has a market cap of £1.79 billion, a PE ratio of 11.56, a P/E/G ratio of -10.32 and a beta of 1.03. The company has a 50-day moving average of GBX 824.21 and a two-hundred day moving average of GBX 811.47.

Dunelm Group (LON:DNLM) last released 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%. As a group, equities analysts expect that Dunelm Group will post 77.10 earnings per share for the current fiscal year.

Insider Activity at Dunelm Group

In other news, insider Katharine Poulter bought 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average price of GBX 783 per share, for a total transaction of £19,575. Also, insider Clodagh Moriarty sold 47,817 shares of the business’s stock in a transaction on Monday, September 28th. The shares were sold at an average price of GBX 800, for a total transaction of £382,536. Insiders acquired a total of 18,302 shares of company stock valued at $13,633,906 over the last 90 days. 34.22% of the stock is owned by company insiders.

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.