Dunelm Group (LON:DNLM) Price Target Raised to GBX 1,240

Dunelm Group (LON:DNLM) had its price target boosted by JPMorgan Chase & Co. from GBX 1,140 to GBX 1,240 in a research report sent to investors on Tuesday morning, MarketBeat.com reports. They currently have a neutral rating on the stock.

DNLM has been the subject of a number of other research reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,320 price objective on shares of Dunelm Group in a research report on Wednesday, September 10th. UBS Group reissued a “buy” rating and set a GBX 1,360 price objective on shares of Dunelm Group in a research report on Friday, October 17th. Deutsche Bank Aktiengesellschaft increased their target price on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a “buy” rating in a report on Tuesday, August 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,480 price target on shares of Dunelm Group in a research note on Tuesday, September 9th. Finally, Shore Capital reaffirmed a “no recommendation” rating on shares of Dunelm Group in a report on Thursday, October 23rd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Dunelm Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,429.50.

Dunelm Group Stock Performance

LON DNLM opened at GBX 1,125 on Tuesday. The stock has a fifty day simple moving average of GBX 1,133.19 and a 200-day simple moving average of GBX 1,150.60. 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 stock has a market cap of £2.26 billion, a PE ratio of 14.65, a P/E/G ratio of -10.32 and a beta of 1.18. Dunelm Group has a twelve month low of GBX 836.61 and a twelve month high of GBX 1,249.

Dunelm Group (LON:DNLM) last issued its quarterly earnings data on Tuesday, September 9th. The company reported GBX 77.20 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Equities analysts anticipate that Dunelm Group will post 77.0957096 earnings per share for the current year.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Karen Witts sold 8,478 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of GBX 1,144, for a total transaction of £96,988.32. Also, insider Clodagh Moriarty sold 51,119 shares of Dunelm Group stock in a transaction dated Monday, October 27th. The shares were sold at an average price of GBX 1,148, for a total transaction of £586,846.12. 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.