Dunelm Group plc (DNLM) PT Raised to GBX 640 at Deutsche Bank AG
Dunelm Group plc (LON:DNLM) had its price target lifted by Deutsche Bank AG from GBX 630 ($8.28) to GBX 640 ($8.41) in a note issued to investors on Thursday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s price objective would indicate a potential downside of 15.06% from the stock’s previous close.
DNLM has been the subject of several other reports. Canaccord Genuity reduced their price target on Dunelm Group plc from GBX 798 ($10.49) to GBX 752 ($9.89) and set a “buy” rating for the company in a research report on Monday, July 10th. Numis Securities Ltd reissued a “buy” rating and set a GBX 800 ($10.52) price target on shares of Dunelm Group plc in a research report on Thursday, September 28th. Jefferies Group LLC reissued an “underperform” rating and set a GBX 515 ($6.77) price target on shares of Dunelm Group plc in a research report on Wednesday, September 20th. Barclays PLC reissued an “overweight” rating on shares of Dunelm Group plc in a research report on Monday, August 14th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 760 ($9.99) price target on shares of Dunelm Group plc in a research report on Thursday, September 14th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Dunelm Group plc presently has an average rating of “Hold” and a consensus price target of GBX 692.91 ($9.11).
Dunelm Group plc (LON DNLM) traded up 1.62% during midday trading on Thursday, reaching GBX 753.50. The company had a trading volume of 493,410 shares. Dunelm Group plc has a 52-week low of GBX 541.50 and a 52-week high of GBX 819.00. The company’s market cap is GBX 1.52 billion. The company’s 50-day moving average is GBX 659.09 and its 200 day moving average is GBX 623.67.
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In other news, insider Simon Emeny purchased 2,685 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was acquired at an average cost of GBX 556 ($7.31) per share, with a total value of £14,928.60 ($19,627.40). Also, insider Keith Down sold 8,000 shares of Dunelm Group plc stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of GBX 647 ($8.51), for a total value of £51,760 ($68,051.54).
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.
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