Dunelm Group plc (LON:DNLM) Given Consensus Rating of “Moderate Buy” by Brokerages

Dunelm Group plc (LON:DNLM) has been given a consensus rating of “Moderate Buy” by the nine research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,199.44.

DNLM has been the subject of several research reports. Shore Capital Group reiterated a “buy” rating on shares of Dunelm Group in a research note on Thursday, April 16th. Berenberg Bank cut their price target on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a research note on Friday, April 17th. Canaccord Genuity Group cut their price target on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a research note on Friday, April 17th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,075 price target on shares of Dunelm Group in a research note on Thursday, April 16th.

Dunelm Group Stock Down 0.5%

DNLM stock opened at GBX 804.50 on Thursday. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83. The company has a market capitalization of £1.62 billion, a price-to-earnings ratio of 10.95, a PEG ratio of -10.32 and a beta of 0.96. Dunelm Group has a fifty-two week low of GBX 707 and a fifty-two week high of GBX 1,249. The stock has a fifty day moving average of GBX 790.22 and a 200-day moving average of GBX 950.36.

Insider Transactions at Dunelm Group

In related news, insider Alison Brittain acquired 12,500 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of GBX 764 per share, with a total value of £95,500. Also, insider Ajay Kavan acquired 3,947 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of GBX 756 per share, for a total transaction of £29,839.32. Corporate insiders own 34.13% 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.