Jefferies Financial Group Cuts Dunelm Group (LON:DNLM) Price Target to GBX 1,075

Dunelm Group (LON:DNLM) had its target price reduced by Jefferies Financial Group from GBX 1,131 to GBX 1,075 in a report issued on Monday, MarketBeat Ratings reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Royal Bank Of Canada upgraded shares of Dunelm Group to an “outperform” rating and increased their price target for the company from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. Berenberg Bank cut their target price on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research note on Friday, January 16th. UBS Group reissued a “buy” rating and issued a GBX 1,360 target price on shares of Dunelm Group in a report on Friday, October 17th. Shore Capital reaffirmed a “buy” rating on shares of Dunelm Group in a report on Thursday, January 15th. Finally, JPMorgan Chase & Co. increased their price objective on Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,227.78.

Dunelm Group Stock Performance

Shares of DNLM stock opened at GBX 948.07 on Monday. The company has a market capitalization of £1.91 billion, a price-to-earnings ratio of 12.34, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. Dunelm Group has a one year low of GBX 836.61 and a one year high of GBX 1,249. The company’s 50-day moving average is GBX 1,098.80 and its 200 day moving average is GBX 1,134.39.

Insider Transactions at Dunelm Group

In other news, insider Luisa Wright sold 2,257 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of GBX 1,121, for a total transaction of £25,300.97. Also, insider Daniel Taylor purchased 4,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was purchased at an average price of GBX 1,163 per share, for a total transaction of £46,520. Over the last 90 days, insiders bought 17,790 shares of company stock valued at $20,056,160 and sold 61,854 shares valued at $70,913,541. 34.16% of the stock is currently owned by company insiders.

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.