Shore Capital Reiterates Not Rated Rating for Dunelm Group (LON:DNLM)

Dunelm Group (LON:DNLM)‘s stock had its “not rated” rating restated by equities research analysts at Shore Capital in a report issued on Thursday, Digital Look reports.

Other research analysts have also recently issued research reports about the stock. Berenberg Bank boosted their price objective on shares of Dunelm Group from GBX 1,410 ($18.31) to GBX 1,470 ($19.09) and gave the company a “buy” rating in a report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,060 ($13.76) price target on shares of Dunelm Group in a research note on Thursday, September 12th. JPMorgan Chase & Co. lifted their price target on shares of Dunelm Group from GBX 1,140 ($14.80) to GBX 1,170 ($15.19) and gave the company a “neutral” rating in a research note on Tuesday, September 24th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($17.20) price objective on shares of Dunelm Group in a research report on Tuesday, September 17th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Dunelm Group currently has an average rating of “Hold” and an average price target of GBX 1,220.83 ($15.85).

Dunelm Group Price Performance

DNLM traded up GBX 9 ($0.12) during midday trading on Thursday, hitting GBX 1,202 ($15.61). The company had a trading volume of 177,738 shares, compared to its average volume of 348,189. Dunelm Group has a twelve month low of GBX 959 ($12.45) and a twelve month high of GBX 1,279 ($16.61). The firm’s 50-day simple moving average is GBX 1,209.81 and its 200-day simple moving average is GBX 1,132.22. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The company has a market capitalization of £2.43 billion, a PE ratio of 1,624.32, a P/E/G ratio of -10.32 and a beta of 1.18.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Luisa Wright acquired 2,452 shares of the stock in a transaction on Wednesday, October 2nd. The shares were purchased at an average price of GBX 1,139 ($14.79) per share, for a total transaction of £27,928.28 ($36,261.08). Insiders own 34.28% of the company’s stock.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.