Dunelm Group plc (DNLM) Receives “Overweight” Rating from JPMorgan Chase & Co.
Dunelm Group plc (LON:DNLM)‘s stock had its “overweight” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research note issued on Friday. They presently have a GBX 890 ($11.62) target price on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 11.32% from the company’s previous close.
Several other equities analysts have also issued reports on the stock. Canaccord Genuity restated a “hold” rating and issued a GBX 920 ($12.01) target price on shares of Dunelm Group plc in a report on Thursday. Peel Hunt restated a “buy” rating and issued a GBX 1,000 ($13.05) target price on shares of Dunelm Group plc in a report on Thursday. HSBC began coverage on shares of Dunelm Group plc in a report on Thursday, September 22nd. They issued a “buy” rating and a GBX 1,000 ($13.05) target price on the stock. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 800 ($10.44) target price on shares of Dunelm Group plc in a report on Monday, September 19th. Finally, Numis Securities Ltd restated an “add” rating and issued a GBX 1,000 ($13.05) target price on shares of Dunelm Group plc in a report on Thursday, September 15th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. Dunelm Group plc currently has an average rating of “Hold” and a consensus price target of GBX 893.33 ($11.66).
Shares of Dunelm Group plc (LON:DNLM) traded down 2.86% during trading on Friday, hitting GBX 799.50. The stock had a trading volume of 354,946 shares. The firm has a 50-day moving average of GBX 883.62 and a 200 day moving average of GBX 889.33. The company’s market capitalization is GBX 1.62 billion. Dunelm Group plc has a 1-year low of GBX 724.00 and a 1-year high of GBX 1,023.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/07/dunelm-group-plc-dnlm-receives-overweight-rating-from-jpmorgan-chase-co.html
The firm also recently announced a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 3rd will be issued a GBX 19.10 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a dividend yield of 2.14%.
In other news, insider William Reeve acquired 2,500 shares of Dunelm Group plc stock in a transaction on Thursday, October 6th. The stock was acquired at an average cost of GBX 823 ($10.74) per share, with a total value of £20,575 ($26,856.81). Also, insider Down,Keith acquired 5,629 shares of Dunelm Group plc stock in a transaction on Friday, August 5th. The stock was purchased at an average cost of GBX 865 ($11.29) per share, with a total value of £48,690.85 ($63,556.78).
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based homewares retailer. The Company operates through retail of homewares in the United Kingdom segment. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions.
Receive News & Ratings for Dunelm Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunelm Group plc and related companies with MarketBeat.com's FREE daily email newsletter.