Dunelm Group (LON:DNLM) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Dunelm Group (LON:DNLM) in a report published on Tuesday morning, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 1,270 ($15.96) price objective on the stock.

DNLM has been the subject of a number of other research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,430 ($17.97) price target on shares of Dunelm Group in a research note on Thursday, December 5th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research note on Tuesday. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,325 ($16.65) price target on shares of Dunelm Group in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,242.50 ($15.62).

Dunelm Group Stock Up 2.4 %

Shares of Dunelm Group stock opened at GBX 1,003 ($12.61) on Tuesday. 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 924.04 ($11.61) and a 52-week high of GBX 1,279 ($16.07). The stock has a market capitalization of £2.02 billion, a price-to-earnings ratio of 13.35, a P/E/G ratio of -10.32 and a beta of 1.18. The company’s 50 day moving average price is GBX 1,030.40 and its 200-day moving average price is GBX 1,130.85.

Dunelm Group (LON:DNLM) last issued its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.57) earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Equities research analysts forecast that Dunelm Group will post 77.0957096 EPS for the current 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.