Dunelm Group plc (DNLM) Stock Rating Reaffirmed by Jefferies Group
Dunelm Group plc (LON:DNLM)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group in a report released on Tuesday. They currently have a GBX 700 ($8.68) price objective on the stock. Jefferies Group’s target price would suggest a potential downside of 5.28% from the stock’s previous close.
DNLM has been the subject of several other reports. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 800 ($9.92) price objective on shares of Dunelm Group plc in a research report on Monday, September 19th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 855 ($10.61) price target on shares of Dunelm Group plc in a research report on Thursday, September 15th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 890 ($11.04) price target on shares of Dunelm Group plc in a research report on Thursday, October 27th. HSBC started coverage on shares of Dunelm Group plc in a research report on Thursday, September 22nd. They issued a “buy” rating and a GBX 1,000 ($12.41) price target for the company. Finally, Canaccord Genuity reissued a “hold” rating and issued a GBX 920 ($11.41) price target on shares of Dunelm Group plc in a research report on Thursday, October 6th. 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. The company has a consensus rating of “Hold” and an average price target of GBX 896.67 ($11.12).
Shares of Dunelm Group plc (LON:DNLM) opened at 739.00 on Tuesday. The firm’s market capitalization is GBX 1.49 billion. The stock’s 50 day moving average price is GBX 766.06 and its 200-day moving average price is 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 company also recently declared a dividend, which was paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd were paid a dividend of GBX 19.10 ($0.24) per share. The ex-dividend date of this dividend was Thursday, November 3rd. This represents a dividend yield of 2.14%.
In other news, insider William Reeve purchased 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, for a total transaction of £20,575 ($25,524.13).
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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