Dunelm Group plc (LON:DNLM) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Dunelm Group plc (LON:DNLM) have been given a consensus recommendation of “Moderate Buy” by the nine analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,177.22.

Several brokerages recently issued reports on DNLM. Shore Capital Group reiterated a “buy” rating and issued a GBX 1,000 target price on shares of Dunelm Group in a research note on Thursday. Berenberg Bank lowered their price target on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating on the stock in a research report on Friday, April 17th. Canaccord Genuity Group dropped their price objective on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a research note on Friday, April 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,075 price objective on shares of Dunelm Group in a research report on Thursday, April 16th.

Dunelm Group Stock Up 2.1%

Dunelm Group stock opened at GBX 878.41 on Friday. The firm has a market capitalization of £1.77 billion, a PE ratio of 11.95, a P/E/G ratio of -10.32 and a beta of 0.96. The company’s 50-day moving average is GBX 782.29 and its 200-day moving average is GBX 870.67. Dunelm Group has a fifty-two week low of GBX 707 and a fifty-two week high of GBX 1,249. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16.

Insiders Place Their Bets

In other Dunelm Group news, insider Ajay Kavan purchased 3,947 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of GBX 756 per share, for a total transaction of £29,839.32. Also, insider Alison Brittain purchased 12,500 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were acquired at an average cost of GBX 764 per share, with a total value of £95,500. 34.19% of the stock is currently owned by corporate insiders.

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.