Dunelm Group plc (LON:DNLM) Stock Has Average Price Target of GBX 1,074.38

Shares of Dunelm Group plc (LON:DNLM) have received a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 1,074.38.

A number of analysts have recently issued reports on DNLM shares. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,030 price target on shares of Dunelm Group in a research report on Thursday, October 15th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,200 target price on shares of Dunelm Group in a research note on Wednesday, September 9th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,185 target price on shares of Dunelm Group in a research note on Friday, October 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. cut their target price on shares of Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating for the company in a research report on Wednesday, September 9th.

Insider Activity

In other news, insider Ajay Kavan acquired 3,302 shares of Dunelm Group stock in a transaction dated Monday, September 14th. The shares were purchased at an average cost of GBX 753 per share, for a total transaction of £24,864.06. Also, insider Katharine Poulter acquired 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 24th. The shares were purchased at an average cost of GBX 783 per share, for a total transaction of £19,575. Over the last 90 days, insiders have purchased 18,302 shares of company stock valued at $13,633,906. 34.22% of the stock is owned by insiders.

Dunelm Group Price Performance

LON:DNLM opened at GBX 869 on Friday. The firm has a market capitalization of £1.75 billion, a price-to-earnings ratio of 11.32, a P/E/G ratio of -10.32 and a beta of 1.03. Dunelm Group has a 52-week low of GBX 707 and a 52-week high of GBX 1,172. The stock has a fifty day moving average of GBX 822.56 and a 200 day moving average of GBX 847.05. The company has a debt-to-equity ratio of 258.52, a quick ratio of 0.16 and a current ratio of 1.02.

Dunelm Group (LON:DNLM) last posted its earnings results on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a return on equity of 99.65% and a net margin of 8.52%. On average, research analysts expect that Dunelm Group will post 77.10 EPS for the current fiscal year.

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.