Dunelm Group plc (DNLM) Receives Hold Rating from Canaccord Genuity
Canaccord Genuity reissued their hold rating on shares of Dunelm Group plc (LON:DNLM) in a report published on Thursday morning. The brokerage currently has a GBX 920 ($12.01) target price on the stock.
Other analysts also recently issued research reports about the company. Royal Bank Of Canada downgraded Dunelm Group plc to a underperform rating and lowered their target price for the company from GBX 900 ($11.75) to GBX 800 ($10.44) in a research report on Monday, July 11th. Peel Hunt reaffirmed an add rating on shares of Dunelm Group plc in a research report on Wednesday, July 20th. Numis Securities Ltd reaffirmed an add rating and issued a GBX 1,000 ($13.05) target price on shares of Dunelm Group plc in a research report on Thursday, September 15th. HSBC began coverage on Dunelm Group plc in a research report on Thursday, September 22nd. They issued a buy rating and a GBX 1,000 ($13.05) target price on the stock. Finally, Jefferies Group reiterated a hold rating and set a GBX 700 ($9.14) price target on shares of Dunelm Group plc in a report on Thursday, September 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. Dunelm Group plc currently has an average rating of Hold and a consensus target price of GBX 893.33 ($11.66).
Dunelm Group plc (LON:DNLM) traded down 2.86% during trading on Thursday, reaching GBX 799.50. The company’s stock had a trading volume of 354,946 shares. The firm’s 50-day moving average is GBX 885.73 and its 200-day moving average is GBX 889.96. Dunelm Group plc has a 52-week low of GBX 724.00 and a 52-week high of GBX 1,023.00. The stock’s market cap is GBX 1.62 billion.
The business also recently declared a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd will be issued a dividend of GBX 19.10 ($0.25) per share. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a dividend yield of 2.14%.
In related news, insider Down,Keith purchased 5,629 shares of the stock in a transaction dated Friday, August 5th. The stock was bought at an average cost of GBX 865 ($11.29) per share, for a total transaction of £48,690.85 ($63,556.78). Also, insider Browett,John purchased 4,534 shares of the stock in a transaction dated Tuesday, August 2nd. The shares were bought at an average price of GBX 860 ($11.23) per share, with a total value of £38,992.40 ($50,897.27).
Dunelm Group plc Company Profile
Dunelm Group plc is a United Kingdom-based homewares retailer. The Company operates through retail of homewares in the United Kingdom segment. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions.
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