Dunelm Group (LON:DNLM) Price Target Raised to GBX 1,115

Dunelm Group (LON:DNLM) had its price target hoisted by Jefferies Financial Group from GBX 1,095 to GBX 1,115 in a research report sent to investors on Thursday, Marketbeat reports. The brokerage currently has a hold rating on the stock.

DNLM has been the topic of several other reports. JPMorgan Chase & Co. boosted their price objective on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a “neutral” rating in a research report on Friday, July 18th. Deutsche Bank Aktiengesellschaft boosted their target price on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,480 target price on shares of Dunelm Group in a research report on Tuesday, September 9th. Shore Capital reiterated a “no recommendation” rating on shares of Dunelm Group in a research report on Tuesday, September 9th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,320 target price on shares of Dunelm Group in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Dunelm Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,315.71.

Dunelm Group Trading Down 1.5%

Dunelm Group stock opened at GBX 1,064.22 on Thursday. The firm has a market capitalization of £2.14 billion, a price-to-earnings ratio of 1,422.76, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The firm has a 50 day moving average of GBX 1,184.31 and a 200 day moving average of GBX 1,105.99. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,255.03.

Dunelm Group (LON:DNLM) last released its earnings results on Tuesday, September 9th. The company reported GBX 77.20 earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, research analysts predict that Dunelm Group will post 77.0957096 earnings per share for the current year.

Insider Activity at Dunelm Group

In other news, insider Karen Witts sold 24,277 shares of the firm’s stock in a transaction dated Monday, June 16th. The stock was sold at an average price of GBX 1,178, for a total transaction of £285,983.06. 39.14% of the stock is owned by company insiders.

About Dunelm Group

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.