Dunelm Group plc (DNLM) Rating Reiterated by Peel Hunt
Dunelm Group plc (LON:DNLM)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a note issued to investors on Monday. They currently have a GBX 1,000 ($12.41) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 32.98% from the stock’s current price.
Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Dunelm Group plc in a report on Thursday, September 15th. Jefferies Group reissued a “hold” rating and issued a GBX 700 ($8.68) price target on shares of Dunelm Group plc in a report on Thursday, September 15th. Canaccord Genuity lowered shares of Dunelm Group plc to a ” hold” rating and boosted their price target for the stock from GBX 875 ($10.85) to GBX 920 ($11.41) in a report on Thursday, September 15th. Numis Securities Ltd reissued an “add” rating and issued a GBX 1,000 ($12.41) price target on shares of Dunelm Group plc in a report on Thursday, September 15th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a GBX 855 ($10.61) price target on shares of Dunelm Group plc in a report on Thursday, September 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 896.67 ($11.12).
Shares of Dunelm Group plc (LON:DNLM) opened at 743.50 on Monday. The stock’s market capitalization is GBX 1.50 billion. The stock has a 50 day moving average of GBX 766.06 and a 200-day moving average of GBX 852.61. Dunelm Group plc has a 52 week low of GBX 724.00 and a 52 week high of GBX 1,023.00.
The business also recently announced a dividend, which was paid on Friday, November 25th. Shareholders of record on Thursday, November 3rd were given a GBX 19.10 ($0.24) dividend. The ex-dividend date was Thursday, November 3rd. This represents a yield of 2.14%.
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In related news, insider William Reeve bought 2,500 shares of the firm’s stock in a transaction on Thursday, October 6th. The shares were bought at an average price of GBX 823 ($10.21) per share, with a total value of £20,575 ($25,524.13).
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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