Deutsche Bank Aktiengesellschaft Cuts Dunelm Group (LON:DNLM) Price Target to GBX 1,200

Dunelm Group (LON:DNLM) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 1,360 to GBX 1,200 in a report released on Friday morning, MarketBeat reports. They currently have a buy rating on the stock.

A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada upgraded Dunelm Group to an “outperform” rating and upped their target price for the stock from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. Berenberg Bank decreased their price objective on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a report on Friday. Jefferies Financial Group dropped their target price on shares of Dunelm Group from GBX 1,131 to GBX 1,075 and set a “hold” rating on the stock in a report on Monday. Shore Capital reiterated a “buy” rating on shares of Dunelm Group in a research note on Thursday. Finally, JPMorgan Chase & Co. lifted their price target 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. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,227.78.

Dunelm Group Trading Up 0.1%

Shares of DNLM traded up GBX 1.26 during trading hours on Friday, reaching GBX 949.26. 445,296 shares of the company traded hands, compared to its average volume of 1,009,488. 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. The company’s fifty day moving average price is GBX 1,110.15 and its two-hundred day moving average price is GBX 1,138.71. The company has a market capitalization of £1.91 billion, a price-to-earnings ratio of 12.36, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Insider Activity

In other news, insider Daniel Taylor purchased 4,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were purchased at an average price of GBX 1,163 per share, for a total transaction of £46,520. Also, insider Clodagh Moriarty sold 51,119 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of GBX 1,148, for a total transaction of £586,846.12. In the last three months, insiders have bought 17,790 shares of company stock worth $20,056,160 and have sold 61,854 shares worth $70,913,541. Corporate insiders own 34.16% 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.