Deutsche Bank AG Cuts Dunelm Group plc (DNLM) Price Target to GBX 630
Dunelm Group plc (LON:DNLM) had its price target lowered by Deutsche Bank AG from GBX 665 ($8.59) to GBX 630 ($8.14) in a report issued on Friday. The brokerage currently has a hold rating on the stock.
Several other equities research analysts have also recently issued reports on the company. HSBC Holdings plc cut Dunelm Group plc to a hold rating and lowered their price objective for the stock from GBX 800 ($10.33) to GBX 640 ($8.27) in a report on Wednesday, May 17th. Jefferies Group LLC reiterated an underperform rating and issued a GBX 515 ($6.65) price objective on shares of Dunelm Group plc in a report on Wednesday, July 5th. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 760 ($9.82) price objective on shares of Dunelm Group plc in a report on Monday, July 10th. Canaccord Genuity lowered their price objective on Dunelm Group plc from GBX 798 ($10.31) to GBX 752 ($9.71) and set a buy rating on the stock in a report on Monday, July 10th. Finally, Peel Hunt reiterated a hold rating and issued a GBX 620 ($8.01) price objective on shares of Dunelm Group plc in a report on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. Dunelm Group plc presently has an average rating of Hold and a consensus price target of GBX 695.18 ($8.98).
Dunelm Group plc (DNLM) opened at 605.00 on Friday. The company’s 50-day moving average price is GBX 612.88 and its 200-day moving average price is GBX 616.66. Dunelm Group plc has a 52 week low of GBX 541.50 and a 52 week high of GBX 925.00. The company’s market capitalization is GBX 1.22 billion.
ILLEGAL ACTIVITY WARNING: “Deutsche Bank AG Cuts Dunelm Group plc (DNLM) Price Target to GBX 630” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/11/deutsche-bank-ag-cuts-dunelm-group-plc-dnlm-price-target-to-gbx-630.html.
In other Dunelm Group plc news, insider John Browett acquired 9,098 shares of the firm’s stock in a transaction that occurred on Wednesday, July 12th. The shares were purchased at an average cost of GBX 547 ($7.06) per share, for a total transaction of £49,766.06 ($64,272.32). Also, insider Simon Emeny acquired 2,685 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The stock was acquired at an average price of GBX 556 ($7.18) per share, for a total transaction of £14,928.60 ($19,280.12). Over the last 90 days, insiders have bought 14,783 shares of company stock worth $8,146,466.
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.
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.