Jefferies Financial Group Lowers Dunelm Group (LON:DNLM) Price Target to GBX 1,075

Dunelm Group (LON:DNLM) had its price objective reduced by equities research analysts at Jefferies Financial Group from GBX 1,131 to GBX 1,075 in a research note issued to investors on Monday, MarketBeat.com reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 13.17% from the stock’s previous close.

Several other equities research analysts have also issued reports on DNLM. Royal Bank Of Canada upgraded shares of Dunelm Group to an “outperform” rating and lifted their target price for the company from GBX 1,200 to GBX 1,300 in a research report on Monday, November 3rd. Shore Capital restated a “buy” rating on shares of Dunelm Group in a research report on Thursday, January 15th. Berenberg Bank dropped their price target on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a research note on Friday, January 16th. JPMorgan Chase & Co. upped their price objective on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 1,360 target price on shares of Dunelm Group in a research report on Friday, October 17th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 1,227.78.

Dunelm Group Stock Performance

Shares of DNLM opened at GBX 949.87 on Monday. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,249. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The company has a market cap of £1.92 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The stock has a 50-day moving average price of GBX 1,102.61 and a 200-day moving average price of GBX 1,135.70.

Insider Activity at Dunelm Group

In related news, insider Karen Witts bought 10,790 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were purchased at an average price of GBX 1,104 per share, with a total value of £119,121.60. Also, insider Daniel Taylor purchased 4,000 shares of Dunelm Group stock in a transaction that occurred on Monday, November 3rd. The shares were bought at an average price of GBX 1,163 per share, for a total transaction of £46,520. In the last ninety days, insiders have acquired 17,790 shares of company stock worth $20,056,160 and have sold 61,854 shares worth $70,913,541. Corporate insiders own 34.16% of the company’s stock.

About Dunelm Group

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.