Dunelm Group plc (DNLM) Rating Reiterated by Barclays PLC
Dunelm Group plc (LON:DNLM)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays PLC in a research note issued on Thursday. They presently have a GBX 720 ($9.30) price target on the stock. Barclays PLC’s price target points to a potential upside of 10.77% from the stock’s current price.
Other analysts have also recently issued research reports about the company. Canaccord Genuity lowered their price target on Dunelm Group plc from GBX 798 ($10.31) to GBX 752 ($9.71) and set a “buy” rating on the stock in a report on Monday, July 10th. Peel Hunt reiterated a “hold” rating and set a GBX 620 ($8.01) price objective on shares of Dunelm Group plc in a research report on Wednesday, July 5th. HSBC Holdings plc reiterated a “hold” rating and set a GBX 640 ($8.27) price objective on shares of Dunelm Group plc in a research report on Friday, June 30th. Deutsche Bank AG reduced their price objective on Dunelm Group plc from GBX 665 ($8.59) to GBX 630 ($8.14) and set a “hold” rating on the stock in a research report on Friday, September 8th. Finally, N+1 Singer reiterated a “not rated” rating on shares of Dunelm Group plc in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 694.27 ($8.97).
Dunelm Group plc (LON DNLM) traded down 0.31% during mid-day trading on Thursday, hitting GBX 650.00. The stock had a trading volume of 461,262 shares. The company’s 50 day moving average price is GBX 619.34 and its 200 day moving average price is GBX 616.83. Dunelm Group plc has a 52 week low of GBX 541.50 and a 52 week high of GBX 898.00. The firm’s market cap is GBX 1.31 billion.
In related news, insider Simon Emeny purchased 2,685 shares of Dunelm Group plc stock in a transaction that occurred on Monday, July 17th. The shares were acquired at an average cost of GBX 556 ($7.18) per share, for a total transaction of £14,928.60 ($19,280.12). Also, insider John Browett purchased 9,098 shares of Dunelm Group plc stock in a transaction that occurred on Wednesday, July 12th. The shares were bought at an average price of GBX 547 ($7.06) per share, for a total transaction of £49,766.06 ($64,272.32). Over the last 90 days, insiders have purchased 14,783 shares of company stock worth $8,146,466.
About Dunelm Group plc
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.
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.