Analysts Set Dunelm Group plc (LON:DNLM) Target Price at GBX 1,199.44

Shares of Dunelm Group plc (LON:DNLM) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 1,199.44.

DNLM has been the subject of several research reports. Shore Capital Group reaffirmed a “buy” rating on shares of Dunelm Group in a research report on Thursday, April 16th. Berenberg Bank lowered their price target on shares of Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a research report on Friday, April 17th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a research report on Thursday, April 16th. Finally, Canaccord Genuity Group lowered their price target on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a research report on Friday, April 17th.

Insider Buying and Selling

In other news, insider Alison Brittain bought 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average price of GBX 764 per share, with a total value of £95,500. Also, insider Ajay Kavan bought 3,947 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of GBX 756 per share, with a total value of £29,839.32. Corporate insiders own 34.13% of the company’s stock.

Dunelm Group Price Performance

Shares of DNLM opened at GBX 780.50 on Thursday. The company has a 50 day moving average price of GBX 784.39 and a 200-day moving average price of GBX 937.58. Dunelm Group has a fifty-two week low of GBX 707 and a fifty-two week high of GBX 1,249. The stock has a market capitalization of £1.57 billion, a PE ratio of 10.62, a PEG ratio of -10.32 and a beta of 0.96. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83.

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.