Jefferies Financial Group Cuts Dunelm Group (LON:DNLM) Price Target to GBX 1,075

Dunelm Group (LON:DNLM) had its price objective decreased by Jefferies Financial Group from GBX 1,131 to GBX 1,075 in a research report issued on Monday,Digital Look reports. The brokerage presently has a “hold” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 13.25% from the company’s previous close.

Other analysts have also recently issued reports about the stock. UBS Group restated a “buy” rating and set a GBX 1,360 price target on shares of Dunelm Group in a report on Friday, October 17th. JPMorgan Chase & Co. increased their target price on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Berenberg Bank lowered their price target on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a report on Friday. Royal Bank Of Canada raised shares of Dunelm Group to an “outperform” rating and upped their price target for the stock from GBX 1,200 to GBX 1,300 in a research note on Monday, November 3rd. Finally, Shore Capital reiterated a “buy” rating on shares of Dunelm Group in a report on Thursday. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,227.78.

Dunelm Group Stock Up 0.1%

LON DNLM traded up GBX 1.26 during trading on Monday, reaching GBX 949.26. 445,296 shares of the company’s stock were exchanged, compared to its average volume of 1,009,488. Dunelm Group has a fifty-two week low of GBX 836.61 and a fifty-two week high of GBX 1,249. The firm has a market capitalization of £1.91 billion, a PE ratio of 12.36, 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 company’s fifty day simple moving average is GBX 1,110.15 and its 200-day simple moving average is GBX 1,138.71.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Karen Witts bought 10,790 shares of the stock in a transaction on Monday, December 1st. The shares were purchased at an average cost of GBX 1,104 per share, with a total value of £119,121.60. Also, insider Daniel Taylor purchased 4,000 shares of Dunelm Group stock in a transaction on Monday, November 3rd. The stock was bought at an average cost of GBX 1,163 per share, with a total value of £46,520. Over the last quarter, insiders have acquired 17,790 shares of company stock worth $20,056,160 and have sold 61,854 shares worth $70,913,541. 34.16% of the stock is owned by corporate insiders.

Dunelm Group Company Profile

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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.