Analysts Set Dunelm Group plc (LON:DNLM) Target Price at GBX 1,237

Dunelm Group plc (LON:DNLM) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 1,251.67 ($15.22).

A number of analysts recently weighed in on DNLM shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,325 ($16.12) target price on shares of Dunelm Group in a report on Thursday. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a report on Thursday, October 24th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($17.39) price objective on shares of Dunelm Group in a research report on Thursday, December 5th. JPMorgan Chase & Co. boosted their target price on Dunelm Group from GBX 1,140 ($13.87) to GBX 1,170 ($14.23) and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,325 ($16.12) price target on shares of Dunelm Group in a report on Thursday, October 24th.

Dunelm Group Stock Performance

Shares of DNLM stock opened at GBX 977 ($11.88) on Monday. The firm’s 50 day moving average is GBX 1,088.29 and its 200 day moving average is GBX 1,153.26. The stock has a market capitalization of £1.98 billion, a P/E ratio of 1,320.27, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12 month low of GBX 953 ($11.59) and a 12 month high of GBX 1,279 ($15.56). The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Insider Transactions at Dunelm Group

In related news, insider Nick Wilkinson sold 28,236 shares of Dunelm Group stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.12), for a total transaction of £327,819.96 ($398,710.73). Also, insider Karen Witts bought 8,375 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average cost of GBX 1,126 ($13.69) per share, for a total transaction of £94,302.50 ($114,695.33). Company insiders own 34.28% 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.