Dunelm Group plc (LON:DNLM) Stock Has Average Target Price of GBX 1,074.38

Dunelm Group plc (LON:DNLM) has been given an average rating of “Moderate Buy” by the eight analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,074.38.

Several research firms recently commented on DNLM. Deutsche Bank Aktiengesellschaft dropped their price objective on Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating on the stock in a research report on Wednesday, September 9th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 target price on shares of Dunelm Group in a research report on Wednesday, September 9th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,185 target price on shares of Dunelm Group in a research report on Friday, October 16th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,030 target price on shares of Dunelm Group in a research note on Thursday, October 15th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a report on Wednesday, September 9th.

Dunelm Group Stock Up 0.2%

Dunelm Group stock opened at GBX 859 on Friday. The firm has a market cap of £1.73 billion, a price-to-earnings ratio of 11.18, a PEG ratio of -10.32 and a beta of 1.03. The stock has a fifty day simple moving average of GBX 823.25 and a two-hundred day simple moving average of GBX 814.15. Dunelm Group has a 12 month low of GBX 707 and a 12 month high of GBX 1,172. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52.

Dunelm Group (LON:DNLM) last posted its quarterly earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share for the quarter. Dunelm Group had a return on equity of 99.65% and a net margin of 8.52%. Equities analysts predict that Dunelm Group will post 77.10 EPS for the current fiscal year.

Insider Activity

In related news, insider Ajay Kavan bought 3,302 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average price of GBX 753 per share, for a total transaction of £24,864.06. Also, insider Alison Brittain bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average price of GBX 732 per share, for a total transaction of £73,200. Insiders bought 18,302 shares of company stock valued at $13,633,906 over the last three months. Corporate insiders own 34.22% of the company’s stock.

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.

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