Dunelm Group plc (LON:DNLM) had its target price lowered by investment analysts at Deutsche Bank AG from GBX 665 ($8.59) to GBX 630 ($8.14) in a research note issued on Friday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s target price indicates a potential upside of 4.91% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Canaccord Genuity decreased their price objective on shares of Dunelm Group plc from GBX 798 ($10.31) to GBX 752 ($9.71) and set a “buy” rating for the company in a research note on Monday, July 10th. Peel Hunt restated a “hold” rating and set a GBX 620 ($8.01) price objective on shares of Dunelm Group plc in a research note on Wednesday, July 5th. HSBC Holdings plc restated a “hold” rating and set a GBX 640 ($8.27) price objective on shares of Dunelm Group plc in a research note on Friday, June 30th. Barclays PLC restated an “overweight” rating on shares of Dunelm Group plc in a research note on Monday, August 14th. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 760 ($9.82) price objective on shares of Dunelm Group plc in a research note on Monday, July 10th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 695.18 ($8.98).

Shares of Dunelm Group plc (LON:DNLM) traded down 3.92% during mid-day trading on Friday, reaching GBX 600.50. 197,353 shares of the company’s stock were exchanged. Dunelm Group plc has a one year low of GBX 541.50 and a one year high of GBX 925.00. The company’s 50-day moving average price is GBX 612.88 and its 200-day moving average price is GBX 616.66. The company’s market capitalization is GBX 1.21 billion.

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In related news, insider Simon Emeny purchased 2,685 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The stock was bought at an average price of GBX 556 ($7.18) per share, with a total value of £14,928.60 ($19,280.12). Also, insider William Reeve purchased 3,000 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The stock was bought at an average cost of GBX 559 ($7.22) per share, with a total value of £16,770 ($21,658.27). Over the last ninety days, insiders have bought 14,783 shares of company stock valued at $8,146,466.

Dunelm Group plc Company Profile

Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.

Analyst Recommendations for Dunelm Group plc (LON:DNLM)

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