Citigroup Inc. Lowers Dunelm Group plc Price Target to GBX 930 (DNLM)
Research analysts at Citigroup Inc. reduced their target price on shares of Dunelm Group plc (LON:DNLM) from GBX 1,075 ($18.40) to GBX 930 ($15.92) in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price target points to a potential upside of 13.83% from the company’s current price.
Dunelm Group plc (LON:DNLM) traded up 0.93% on Wednesday, hitting GBX 817.00. The stock had a trading volume of 50,746 shares. Dunelm Group plc has a 1-year low of GBX 745.975 and a 1-year high of GBX 1054.00. The stock has a 50-day moving average of GBX 851. and a 200-day moving average of GBX 920.5. The company’s market cap is £1.656 billion.
A number of other analysts have also recently weighed in on DNLM. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Dunelm Group plc in a research note on Wednesday. They now have a GBX 965 ($16.52) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe cut their price target on shares of Dunelm Group plc from GBX 1,050 ($17.98) to GBX 900 ($15.41) in a research note on Tuesday, July 8th. They now have a “buy” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Dunelm Group plc in a research note on Tuesday, July 8th. They now have a GBX 950 ($16.26) price target on the stock. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 969.15 ($16.59).
Dunelm Group plc is a United kingdom-based specialist out-of-town homewares retailer providing a range of products to a customer base, under the brand name Dunelm Mill.