Dunelm Group (LON:DNLM) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Dunelm Group (LON:DNLM) to an outperform rating in a report published on Monday, Marketbeat reports. The brokerage currently has GBX 1,300 price objective on the stock, up from their prior price objective of GBX 1,200.

A number of other research analysts have also weighed in on the company. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,320 target price on shares of Dunelm Group in a report on Wednesday, September 10th. Shore Capital reissued a “no recommendation” rating on shares of Dunelm Group in a research report on Thursday, October 23rd. Jefferies Financial Group lifted their price objective on shares of Dunelm Group from GBX 1,755 to GBX 1,817 and gave the stock a “hold” rating in a report on Tuesday, October 28th. UBS Group reiterated a “buy” rating and issued a GBX 1,360 target price on shares of Dunelm Group in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. increased their target price on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Dunelm Group has an average rating of “Moderate Buy” and an average price target of GBX 1,411.

Dunelm Group Stock Down 0.6%

Dunelm Group stock opened at GBX 1,150 on Monday. The firm has a market capitalization of £2.32 billion, a price-to-earnings ratio of 14.97, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The firm’s fifty day moving average price is GBX 1,126.96 and its two-hundred day moving average price is GBX 1,155.89. Dunelm Group has a 1-year low of GBX 836.61 and a 1-year 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.

Dunelm Group (LON:DNLM) last posted its earnings results on Tuesday, September 9th. The company reported GBX 77.20 earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, equities research analysts predict that Dunelm Group will post 77.0957096 earnings per share for the current fiscal year.

Insider Buying and Selling at Dunelm Group

In related news, insider Karen Witts sold 8,478 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of GBX 1,144, for a total transaction of £96,988.32. Also, insider Clodagh Moriarty sold 51,119 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of GBX 1,148, for a total value of £586,846.12. 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.