Dunelm Group (LON:DNLM) Raised to “Buy” at Jefferies Financial Group

Dunelm Group (LON:DNLM) was upgraded by stock analysts at Jefferies Financial Group to a “buy” rating in a report released on Monday,London Stock Exchange reports. The firm currently has a GBX 1,075 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 14.79% from the company’s current price.

Several other equities research analysts also recently issued reports on the company. Berenberg Bank dropped 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 report on Friday, January 16th. Shore Capital Group decreased their price objective on Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a report on Friday, January 16th. Panmure Gordon reduced their target price on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a report on Monday, January 19th. Finally, JPMorgan Chase & Co. increased their price target on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,216.67.

Dunelm Group Stock Performance

Shares of DNLM stock opened at GBX 936.50 on Monday. The firm’s 50 day moving average is GBX 1,061.60 and its 200 day moving average is GBX 1,115.58. The stock has a market capitalization of £1.90 billion, a P/E ratio of 12.19, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12 month low of GBX 836.61 and a 12 month high of GBX 1,249. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Insider Activity

In other Dunelm Group news, insider Karen Witts acquired 10,790 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was bought at an average price of GBX 1,104 per share, with a total value of £119,121.60. Company insiders own 34.15% of the company’s stock.

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.