Dunelm Group plc (LON:DNLM) Given Average Rating of “Moderate Buy” by Analysts

Dunelm Group plc (LON:DNLM) has been assigned an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,199.44.

A number of equities analysts recently weighed in on the company. Canaccord Genuity Group reduced their price target on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a report on Friday, April 17th. Shore Capital Group reaffirmed a “buy” rating on shares of Dunelm Group in a report on Thursday, April 16th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a report on Thursday, April 16th. Finally, Berenberg Bank cut their price objective on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a research note on Friday, April 17th.

Insider Buying and Selling

In other news, insider Ajay Kavan bought 3,947 shares of Dunelm Group stock in a transaction on Monday, May 11th. The stock was acquired at an average price of GBX 756 per share, with a total value of £29,839.32. Also, insider Alison Brittain bought 12,500 shares of Dunelm Group stock in a transaction on Thursday, May 7th. The shares were purchased at an average cost of GBX 764 per share, with a total value of £95,500. 34.22% of the stock is owned by corporate insiders.

Dunelm Group Stock Performance

LON DNLM opened at GBX 812 on Monday. The stock has a market capitalization of £1.64 billion, a price-to-earnings ratio of 11.05, a PEG ratio of -10.32 and a beta of 0.96. Dunelm Group has a twelve month low of GBX 707 and a twelve month high of GBX 1,249. The company has a current ratio of 0.83, a quick ratio of 0.16 and a debt-to-equity ratio of 175.79. The stock has a 50-day moving average of GBX 776.88 and a 200 day moving average of GBX 900.98.

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.