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

Shares of Dunelm Group plc (LON:DNLM) have been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,177.22.

Several equities analysts have recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,075 target price on shares of Dunelm Group in a research report on Thursday, April 16th. Shore Capital Group restated a “buy” rating and issued a GBX 1,000 price target on shares of Dunelm Group in a research report on Thursday, July 16th. Berenberg Bank dropped their price objective on shares of 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. Finally, Canaccord Genuity Group cut their price objective on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a research report on Friday, April 17th.

Insider Transactions at Dunelm Group

In other news, insider Ajay Kavan acquired 3,947 shares of Dunelm Group stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of GBX 756 per share, with a total value of £29,839.32. Also, insider Alison Brittain acquired 12,500 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was purchased at an average cost of GBX 764 per share, with a total value of £95,500. 34.19% of the stock is currently owned by insiders.

Dunelm Group Price Performance

LON:DNLM opened at GBX 855.50 on Friday. The firm has a market capitalization of £1.72 billion, a price-to-earnings ratio of 11.64, a PEG ratio of -10.32 and a beta of 0.96. Dunelm Group has a 1 year low of GBX 707 and a 1 year high of GBX 1,249. The business has a 50 day simple moving average of GBX 790.13 and a 200-day simple moving average of GBX 865.19. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16.

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.