Dunelm Group (LON:DNLM) Given Buy Rating at Shore Capital Group

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital Group in a report released on Thursday,London Stock Exchange reports. They presently have a GBX 1,000 price objective on the stock. Shore Capital Group’s price objective indicates a potential upside of 15.34% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a report on Thursday, April 16th. Berenberg Bank reduced their target price on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating for the company in a research note on Friday, April 17th. Finally, Canaccord Genuity Group dropped their price target 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. Seven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dunelm Group presently has an average rating of “Moderate Buy” and an average target price of GBX 1,177.22.

Dunelm Group Price Performance

Dunelm Group stock opened at GBX 867 on Thursday. The stock has a market capitalization of £1.75 billion, a price-to-earnings ratio of 11.80, a PEG ratio of -10.32 and a beta of 0.96. Dunelm Group has a 52-week low of GBX 707 and a 52-week high of GBX 1,249. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83. The stock’s 50 day moving average price is GBX 780.40 and its two-hundred day moving average price is GBX 872.46.

Insider Activity at Dunelm Group

In related news, insider Ajay Kavan bought 3,947 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were bought 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 stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average cost of GBX 764 per share, with a total value of £95,500. Corporate insiders own 34.19% 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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.