Dunelm Group Receives Underperform Rating from Bank of America Corp. (DNLM)
Dunelm Group (LON:DNLM)‘s stock had its “underperform” rating restated by Bank of America Corp. in a research note issued on Monday, StockRatingsNetwork.com reports. They currently have a GBX 800 ($12.81) price objective on the stock. Bank of America Corp.’s price objective indicates a potential downside of 14.16% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald upgraded shares of Dunelm Group (LON:DNLM) to a “buy” rating in a research note to investors on Friday, September 13th. They now have a GBX 1,020 ($16.34) price target on the stock, up previously from GBX 900 ($14.42). Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dunelm Group (LON:DNLM) in a research note to investors on Friday, September 13th. They now have a GBX 1,200 ($19.22) price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Dunelm Group (LON:DNLM) in a research note to investors on Friday, September 13th. They now have a GBX 990 ($15.86) price target on the stock.
One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 851.93 ($13.65).
Dunelm Group (LON:DNLM) traded down 2.71% on Monday, hitting GBX 932.00. The stock had a trading volume of 38,866 shares. Dunelm Group has a 52-week low of GBX 605.00 and a 52-week high of GBX 1054.00. The stock has a 50-day moving average of GBX 953.8 and a 200-day moving average of GBX 904.7. The company’s market cap is £1.890 billion.
Dunelm Group plc is a specialist out-of-town homewares retailer providing a range of products to a customer base, under the brand name Dunelm Mill.
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