Dunelm Group plc (LON:DNLM) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Dunelm Group plc (LON:DNLM) have received an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,342.

Several brokerages recently weighed in on DNLM. Berenberg Bank boosted their price objective on Dunelm Group from GBX 1,430 to GBX 1,480 and gave the company a “buy” rating in a report on Thursday, July 17th. Canaccord Genuity Group upped their price target on Dunelm Group from GBX 1,270 to GBX 1,320 and gave the company a “buy” rating in a research report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. increased their target price on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a “neutral” rating in a report on Friday, July 18th.

Insider Transactions at Dunelm Group

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of Dunelm Group stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of GBX 1,178, for a total value of £285,983.06. 39.14% of the stock is owned by corporate insiders.

Dunelm Group Trading Down 2.9%

DNLM opened at GBX 1,161 on Tuesday. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,273. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The stock has a market capitalization of £2.34 billion, a PE ratio of 1,552.14, a P/E/G ratio of -10.32 and a beta of 1.18. The firm’s fifty day moving average price is GBX 1,188.09 and its 200 day moving average price is GBX 1,097.30.

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.