Dunelm Group (LON:DNLM) Given New GBX 1,200 Price Target at Berenberg Bank

Dunelm Group (LON:DNLM) had its price objective decreased by Berenberg Bank from GBX 1,332 to GBX 1,200 in a research note issued on Thursday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 37.38% from the company’s current price.

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 1,000 price target on shares of Dunelm Group in a report on Thursday, July 16th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,160.56.

Dunelm Group Trading Down 2.0%

Dunelm Group stock opened at GBX 873.50 on Thursday. Dunelm Group has a 1 year low of GBX 707 and a 1 year high of GBX 1,246. The firm’s 50 day moving average price is GBX 848.65 and its 200-day moving average price is GBX 840.01. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16. The stock has a market cap of £1.76 billion, a P/E ratio of 11.88, a PEG ratio of -10.32 and a beta of 0.97.

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.