Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Dunelm Group (LON:DNLM) Stock Price

Dunelm Group (LON:DNLM) had its target price reduced by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 1,360 to GBX 1,200 in a research report issued on Friday,Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 26.41% from the stock’s current price.

Several other equities research analysts have also weighed in on DNLM. JPMorgan Chase & Co. boosted their target price on Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Panmure Gordon dropped their price objective on shares of Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a research note on Monday. UBS Group reiterated a “buy” rating and issued a GBX 1,360 price target on shares of Dunelm Group in a research report on Friday, October 17th. Berenberg Bank reduced their target price on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a report on Friday. Finally, Jefferies Financial Group dropped their target price on shares of Dunelm Group from GBX 1,131 to GBX 1,075 and set a “hold” rating for the company in a research note on Monday. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Dunelm Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,227.78.

Dunelm Group Stock Up 0.1%

Shares of LON DNLM traded up GBX 1.26 during trading hours on Friday, hitting GBX 949.26. The stock had a trading volume of 445,296 shares, compared to its average volume of 1,009,488. The company has a market capitalization of £1.91 billion, a P/E ratio of 12.36, a P/E/G ratio of -10.32 and a beta of 1.18. The firm’s 50-day moving average price is GBX 1,110.15 and its two-hundred day moving average price is GBX 1,138.71. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. Dunelm Group has a 52 week low of GBX 836.61 and a 52 week high of GBX 1,249.

Insider Buying and Selling

In related news, insider Karen Witts bought 10,790 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was bought at an average cost of GBX 1,104 per share, for a total transaction of £119,121.60. Also, insider Clodagh Moriarty sold 51,119 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of GBX 1,148, for a total transaction of £586,846.12. In the last ninety days, insiders have bought 17,790 shares of company stock worth $20,056,160 and have sold 61,854 shares worth $70,913,541. Insiders own 34.16% 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.