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

Shares of Dunelm Group plc (LON:DNLM) have been assigned a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 1,199.44.

Several brokerages have commented on DNLM. Shore Capital Group reiterated a “buy” rating on shares of Dunelm Group in a report on Thursday, April 16th. Berenberg Bank decreased their target price on shares of Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a report on Friday, April 17th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,075 target price on shares of Dunelm Group in a report on Thursday, April 16th. Finally, Canaccord Genuity Group decreased their target price on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a report on Friday, April 17th.

Dunelm Group Stock Performance

Shares of DNLM opened at GBX 793.92 on Monday. Dunelm Group has a one year low of GBX 707 and a one year high of GBX 1,249. The company has a 50-day moving average of GBX 780.52 and a two-hundred day moving average of GBX 911.96. The stock has a market cap of £1.60 billion, a price-to-earnings ratio of 10.80, a PEG ratio of -10.32 and a beta of 0.96. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16.

Insider Activity at Dunelm Group

In related news, insider Alison Brittain purchased 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of GBX 764 per share, for a total transaction of £95,500. Also, insider Ajay Kavan purchased 3,947 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of GBX 756 per share, with a total value of £29,839.32. Company insiders own 34.22% 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.