Dunelm Group plc (DNLM) Receives Buy Rating from HSBC
Other equities analysts also recently issued research reports about the company. Canaccord Genuity downgraded Dunelm Group plc to a hold rating and boosted their target price for the stock from GBX 875 ($10.83) to GBX 920 ($11.39) in a research note on Thursday, September 15th. Royal Bank Of Canada downgraded Dunelm Group plc to a underperform rating and cut their target price for the stock from GBX 900 ($11.14) to GBX 800 ($9.90) in a research note on Monday, July 11th. Peel Hunt restated an add rating on shares of Dunelm Group plc in a research note on Wednesday, July 20th. Numis Securities Ltd restated an add rating and issued a GBX 1,000 ($12.38) target price on shares of Dunelm Group plc in a research note on Thursday, September 15th. Finally, Jefferies Group restated a hold rating and issued a GBX 700 ($8.66) target price on shares of Dunelm Group plc in a research note on Monday, July 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 897.50 ($11.11).
Shares of Dunelm Group plc (LON:DNLM) opened at 799.50 on Monday. The company’s 50-day moving average price is GBX 880.90 and its 200-day moving average price is GBX 887.80. The firm’s market cap is GBX 1.62 billion. Dunelm Group plc has a 12 month low of GBX 724.00 and a 12 month high of GBX 1,023.00.
The firm also recently announced a dividend, which will be paid on Friday, November 25th. Shareholders of record on Thursday, November 3rd will be issued a dividend of GBX 19.10 ($0.24) per share. The ex-dividend date is Thursday, November 3rd. This represents a yield of 2.14%.
In other news, insider Browett,John purchased 4,534 shares of Dunelm Group plc stock in a transaction dated Tuesday, August 2nd. The stock was purchased at an average cost of GBX 860 ($10.64) per share, for a total transaction of £38,992.40 ($48,257.92). Also, insider William Reeve purchased 2,500 shares of Dunelm Group plc stock in a transaction dated Thursday, October 6th. The shares were purchased at an average price of GBX 823 ($10.19) per share, with a total value of £20,575 ($25,464.11).
About Dunelm Group plc
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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