Analysts Set Dunelm Group plc (LON:DNLM) PT at GBX 1,662.14

Dunelm Group plc (LON:DNLMGet Rating) has been given a consensus rating of “Buy” by the eight ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 1,662.14 ($20.49).

Several brokerages have recently issued reports on DNLM. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 1,400 ($17.26) target price on shares of Dunelm Group in a research report on Tuesday, May 3rd. Barclays reissued an “overweight” rating and set a GBX 1,775 ($21.88) target price on shares of Dunelm Group in a research report on Wednesday, February 9th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,750 ($21.58) price objective on shares of Dunelm Group in a research note on Tuesday, April 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,710 ($21.08) target price on shares of Dunelm Group in a research report on Tuesday, March 1st. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,400 ($17.26) price target on shares of Dunelm Group in a research note on Wednesday, March 30th.

Shares of DNLM traded up GBX 3.50 ($0.04) on Friday, reaching GBX 888 ($10.95). 393,152 shares of the company’s stock traded hands, compared to its average volume of 313,783. The stock’s 50 day simple moving average is GBX 1,042.12 and its two-hundred day simple moving average is GBX 1,223.89. The company has a current ratio of 1.03, a quick ratio of 0.26 and a debt-to-equity ratio of 137.57. Dunelm Group has a 52-week low of GBX 851.22 ($10.49) and a 52-week high of GBX 1,599 ($19.71). The stock has a market cap of £1.80 billion and a PE ratio of 11.97.

In other Dunelm Group news, insider William Reeve acquired 2,000 shares of the company’s stock in a transaction that occurred on Friday, February 25th. The stock was bought at an average price of GBX 1,169 ($14.41) per share, with a total value of £23,380 ($28,825.05). Also, insider Andy Harrison bought 28,214 shares of Dunelm Group stock in a transaction that occurred on Tuesday, April 19th. The shares were acquired at an average price of GBX 1,055 ($13.01) per share, with a total value of £297,657.70 ($366,980.27). Over the last quarter, insiders have purchased 45,331 shares of company stock worth $47,088,547.

Dunelm Group Company Profile (Get Rating)

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bean bags; bed frames, mattresses, storage beds, divan bases, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, mattress toppers, protectors, and baby and kids beddings.

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Analyst Recommendations for Dunelm Group (LON:DNLM)

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