Dunelm Group plc (LON:DNLM) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Dunelm Group plc (LON:DNLM) have been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 1,227.78.

Several research firms recently issued reports on DNLM. Panmure Gordon decreased their target price on shares of Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a report on Friday, January 16th. UBS Group restated a “buy” rating and set a GBX 1,360 price objective on shares of Dunelm Group in a report on Friday, October 17th. Berenberg Bank reduced their target price on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a report on Friday, January 16th. Finally, Royal Bank Of Canada raised Dunelm Group to an “outperform” rating and boosted their price target for the company from GBX 1,200 to GBX 1,300 in a research report on Monday, November 3rd.

Dunelm Group Stock Down 0.5%

Shares of LON:DNLM opened at GBX 950.50 on Friday. 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 firm has a market cap of £1.92 billion, a price-to-earnings ratio of 12.38, a PEG ratio of -10.32 and a beta of 1.18. The stock’s 50-day moving average price is GBX 1,095.23 and its two-hundred day moving average price is GBX 1,133.15. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,249.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Clodagh Moriarty sold 51,119 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of GBX 1,148, for a total transaction of £586,846.12. Also, insider Daniel Taylor acquired 4,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was acquired at an average cost of GBX 1,163 per share, with a total value of £46,520. In the last quarter, insiders bought 17,790 shares of company stock worth $20,056,160 and sold 61,854 shares worth $70,913,541. 34.16% of the stock is currently owned by corporate insiders.

Dunelm Group Company Profile

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.