Dunelm Group (LON:DNLM) Receives Buy Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Dunelm Group (LON:DNLM) in a report issued on Tuesday, Marketbeat.com reports. The firm currently has a GBX 1,480 price target on the stock.

A number of other research firms have also issued reports on DNLM. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Shore Capital restated a “no recommendation” rating on shares of Dunelm Group in a research report on Tuesday. UBS Group restated a “buy” rating and issued a GBX 1,385 price target on shares of Dunelm Group in a research report on Friday, September 5th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,320 price objective on shares of Dunelm Group in a report on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a “neutral” rating in a report on Friday, July 18th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,349.17.

Dunelm Group Stock Performance

Shares of DNLM opened at GBX 1,096 on Tuesday. The company’s fifty day moving average is GBX 1,189.38 and its 200-day moving average is GBX 1,104.09. Dunelm Group has a 12 month low of GBX 836.61 and a 12 month high of GBX 1,259. The firm has a market cap of £2.21 billion, a price-to-earnings ratio of 1,465.24, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last announced its quarterly earnings results on Tuesday, September 9th. The company reported GBX 77.20 EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Equities analysts expect that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of the business’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total value of £285,983.06. Corporate insiders own 39.14% 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.