Dunelm Group (LON:DNLM) had its price objective cut by investment analysts at Peel Hunt from GBX 1,400 ($18.42) to GBX 1,000 ($13.15) in a note issued to investors on Tuesday, Stock Target Advisor reports. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price points to a potential upside of 34.86% from the company’s current price.

A number of other equities analysts also recently commented on DNLM. Peel Hunt restated a “buy” rating and issued a GBX 1,250 ($16.44) target price on shares of Dunelm Group in a research note on Wednesday, February 12th. HSBC increased their price objective on shares of Dunelm Group from GBX 800 ($10.52) to GBX 920 ($12.10) and gave the company a “hold” rating in a research note on Friday, December 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 1,250 ($16.44) price objective on shares of Dunelm Group in a research note on Friday, March 6th. Finally, UBS Group reiterated a “neutral” rating and set a GBX 1,110 ($14.60) price objective (up from GBX 1,070 ($14.08)) on shares of Dunelm Group in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,052.50 ($13.85).

Shares of DNLM stock opened at GBX 741.50 ($9.75) on Tuesday. The company has a debt-to-equity ratio of 262.44, a current ratio of 0.82 and a quick ratio of 0.06. The company has a market capitalization of $1.52 billion and a P/E ratio of 13.34. The company’s 50-day simple moving average is GBX 1,084.17 and its two-hundred day simple moving average is GBX 985.70. Dunelm Group has a one year low of GBX 596.50 ($7.85) and a one year high of GBX 1,450 ($19.07).

In other Dunelm Group news, insider William Reeve acquired 1,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were purchased at an average cost of GBX 780 ($10.26) per share, for a total transaction of £7,800 ($10,260.46).

Dunelm Group Company Profile

Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and baby and kids beddings.

See Also: Initial Public Offering (IPO)

Analyst Recommendations for Dunelm Group (LON:DNLM)

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