Dunelm Group (LON:DNLM) Given Not Rated Rating at Shore Capital

Dunelm Group (LON:DNLM)‘s stock had its “not rated” rating restated by equities research analysts at Shore Capital in a report released on Thursday, Marketbeat.com reports.

Other research analysts have also recently issued reports about the stock. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,325 ($17.20) target price on shares of Dunelm Group in a report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 1,060 ($13.76) price objective on shares of Dunelm Group in a research note on Thursday, September 12th. JPMorgan Chase & Co. boosted their price objective on shares of Dunelm Group from GBX 1,140 ($14.80) to GBX 1,170 ($15.19) and gave the stock a “neutral” rating in a research note on Tuesday, September 24th. Finally, Berenberg Bank increased their target price on Dunelm Group from GBX 1,410 ($18.31) to GBX 1,470 ($19.09) and gave the company a “buy” rating in a research report on Tuesday, September 17th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 1,220.83 ($15.85).

Dunelm Group Price Performance

Shares of DNLM stock opened at GBX 1,179 ($15.31) on Thursday. Dunelm Group has a twelve month low of GBX 959 ($12.45) and a twelve month high of GBX 1,279 ($16.61). The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The stock has a fifty day simple moving average of GBX 1,209.05 and a two-hundred day simple moving average of GBX 1,133.28. The stock has a market capitalization of £2.38 billion, a price-to-earnings ratio of 1,595.85, a P/E/G ratio of -10.32 and a beta of 1.18.

Insiders Place Their Bets

In other Dunelm Group news, insider Luisa Wright bought 2,452 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were purchased at an average cost of GBX 1,139 ($14.79) per share, for a total transaction of £27,928.28 ($36,261.08). Corporate insiders own 34.28% of the company’s stock.

About Dunelm Group

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.