Dunelm Group plc (DNLM) PT Raised to GBX 890 at Deutsche Bank AG
Dunelm Group plc (LON:DNLM) had its price objective increased by Deutsche Bank AG from GBX 855 ($10.61) to GBX 890 ($11.04) in a report released on Tuesday. The brokerage presently has a “hold” rating on the stock. Deutsche Bank AG’s target price would indicate a potential upside of 20.43% from the company’s previous close.
Several other research firms have also recently commented on DNLM. Peel Hunt reissued a “buy” rating and set a GBX 1,000 ($12.41) target price on shares of Dunelm Group plc in a research note on Thursday, October 6th. Jefferies Group reissued a “hold” rating and set a GBX 700 ($8.68) target price on shares of Dunelm Group plc in a research note on Thursday, September 15th. Canaccord Genuity cut shares of Dunelm Group plc to a ” hold” rating and raised their target price for the company from GBX 875 ($10.85) to GBX 920 ($11.41) in a research note on Thursday, September 15th. Numis Securities Ltd reissued an “add” rating and set a GBX 1,000 ($12.41) target price on shares of Dunelm Group plc in a research note on Thursday, September 15th. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Dunelm Group plc in a research note on Monday, August 1st. One research 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. Dunelm Group plc currently has an average rating of “Hold” and an average price target of GBX 896.67 ($11.12).
Dunelm Group plc (LON:DNLM) opened at 739.00 on Tuesday. The stock’s market cap is GBX 1.49 billion. Dunelm Group plc has a 52 week low of GBX 724.00 and a 52 week high of GBX 1,023.00. The company’s 50 day moving average is GBX 766.06 and its 200 day moving average is GBX 852.61.
The company also recently announced a dividend, which was paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd were given a GBX 19.10 ($0.24) dividend. This represents a dividend yield of 2.14%. The ex-dividend date was Thursday, November 3rd.
In other news, insider William Reeve bought 2,500 shares of the company’s stock in a transaction dated Thursday, October 6th. The shares were acquired at an average cost 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.
Receive News & Stock Ratings for Dunelm Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunelm Group plc and related stocks with our FREE daily email newsletter.