Dunelm Group plc (LON:DNLM) Receives GBX 1,237 Consensus Price Target from Analysts

Dunelm Group plc (LON:DNLM) has received an average recommendation of “Hold” from the five brokerages that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 1,237 ($15.14).

Several research analysts have recently weighed in on DNLM shares. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their target price on Dunelm Group from GBX 1,140 ($13.95) to GBX 1,170 ($14.32) and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,325 ($16.22) price target on shares of Dunelm Group in a report on Thursday, October 24th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($17.50) price objective on shares of Dunelm Group in a research note on Thursday, December 5th.

Dunelm Group Price Performance

DNLM stock opened at GBX 1,030 ($12.61) on Monday. 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 firm has a market cap of £2.08 billion, a price-to-earnings ratio of 1,391.89, a PEG ratio of -10.32 and a beta of 1.18. The company’s fifty day simple moving average is GBX 1,095.85 and its 200 day simple moving average is GBX 1,154.84. Dunelm Group has a 12-month low of GBX 959 ($11.74) and a 12-month high of GBX 1,279 ($15.65).

Insider Buying and Selling

In other Dunelm Group news, insider Karen Witts purchased 8,375 shares of the firm’s stock in a transaction on Thursday, October 31st. The stock was acquired at an average price of GBX 1,126 ($13.78) per share, for a total transaction of £94,302.50 ($115,425.34). Also, insider Nick Wilkinson sold 28,236 shares of the firm’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.21), for a total transaction of £327,819.96 ($401,248.42). 34.28% of the stock is owned by company insiders.

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.