Dunelm Group (DNLM) Rating Reiterated by Canaccord Genuity
Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity in a research note issued on Wednesday. They presently have a GBX 752 ($10.20) price target on the stock. Canaccord Genuity’s price target would indicate a potential upside of 18.43% from the company’s previous close.
Several other research firms have also recently commented on DNLM. Barclays reaffirmed an “overweight” rating and issued a GBX 860 ($11.66) price target on shares of Dunelm Group in a report on Wednesday, October 18th. Deutsche Bank increased their price target on Dunelm Group from GBX 630 ($8.54) to GBX 640 ($8.68) and gave the company a “hold” rating in a report on Thursday, October 12th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 760 ($10.31) price target on shares of Dunelm Group in a report on Friday, October 13th. Jefferies Group increased their price target on Dunelm Group from GBX 515 ($6.98) to GBX 560 ($7.59) and gave the company an “underperform” rating in a report on Wednesday, December 6th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 620 ($8.41) price target on shares of Dunelm Group in a report on Tuesday, December 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 689.73 ($9.35).
Dunelm Group (DNLM) traded down GBX 35 ($0.47) during trading hours on Wednesday, hitting GBX 635 ($8.61). The company had a trading volume of 1,280,000 shares, compared to its average volume of 431,915. Dunelm Group has a 12-month low of GBX 541.50 ($7.34) and a 12-month high of GBX 760 ($10.31). The firm has a market capitalization of $1,280.00 and a PE ratio of 1,763.89.
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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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