Peel Hunt Reaffirms Hold Rating for Dunelm Group (DNLM)
Dunelm Group (LON:DNLM)‘s stock had its “hold” rating reissued by equities research analysts at Peel Hunt in a research note issued on Tuesday. They currently have a GBX 620 ($8.34) price target on the stock. Peel Hunt’s target price suggests a potential downside of 14.01% from the stock’s previous close.
A number of other research analysts have also recently issued reports on the company. Jefferies Group reaffirmed an “underperform” rating and issued a GBX 515 ($6.93) price target on shares of Dunelm Group in a report on Wednesday, September 20th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 752 ($10.12) price target on shares of Dunelm Group in a report on Thursday, October 12th. Deutsche Bank lifted their price target on Dunelm Group from GBX 630 ($8.48) to GBX 640 ($8.61) and gave the company a “hold” rating in a report on Thursday, October 12th. Numis Securities reaffirmed a “buy” rating and issued a GBX 800 ($10.77) price target on shares of Dunelm Group in a report on Thursday, September 28th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 760 ($10.23) price target on shares of Dunelm Group in a report on Thursday, September 14th. Two 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 currently has an average rating of “Hold” and a consensus price target of GBX 713.82 ($9.61).
Shares of Dunelm Group (DNLM) traded up GBX 29.90 ($0.40) during trading hours on Tuesday, hitting GBX 721 ($9.70). 754,867 shares of the stock traded hands, compared to its average volume of 259,372. Dunelm Group has a 52 week low of GBX 541.50 ($7.29) and a 52 week high of GBX 819 ($11.02).
Dunelm Group 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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