Dunelm Group (LON:DNLM) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Dunelm Group (LON:DNLM) to a buy rating in a report issued on Thursday, Marketbeat Ratings reports. The brokerage currently has GBX 1,050 target price on the stock, up from their prior target price of GBX 850.

Several other research firms have also issued reports on DNLM. Shore Capital Group reissued a “buy” rating and set a GBX 1,000 target price on shares of Dunelm Group in a research note on Thursday, July 16th. Berenberg Bank cut their price target on Dunelm Group from GBX 1,332 to GBX 1,200 and set a “buy” rating for the company in a research note on Thursday, August 27th. Seven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dunelm Group has a consensus rating of “Moderate Buy” and an average price target of GBX 1,143.89.

Dunelm Group Stock Up 2.0%

DNLM stock opened at GBX 882.50 on Thursday. Dunelm Group has a one year low of GBX 707 and a one year high of GBX 1,246. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83. The firm’s fifty day moving average is GBX 857.18 and its 200 day moving average is GBX 836.59. The firm has a market cap of £1.78 billion, a PE ratio of 12.01, a P/E/G ratio of -10.32 and a beta of 0.97.

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.