Dunelm Group (LON:DNLM) PT Raised to GBX 1,325

Dunelm Group (LON:DNLM) had its price objective raised by equities research analysts at Canaccord Genuity Group from GBX 1,250 ($16.21) to GBX 1,325 ($17.18) in a research report issued on Saturday, LSE.Co.UK reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 9.32% from the company’s current price.

A number of other brokerages have also recently issued reports on DNLM. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,200 ($15.56) target price on shares of Dunelm Group in a report on Thursday, April 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,410 ($18.29) target price on shares of Dunelm Group in a report on Thursday, April 18th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,211.67 ($15.71).

Dunelm Group Price Performance

Dunelm Group stock opened at GBX 1,212 ($15.72) on Friday. The stock has a market capitalization of £2.45 billion, a price-to-earnings ratio of 1,667.12, a PEG ratio of -10.32 and a beta of 1.10. Dunelm Group has a 52-week low of GBX 959 ($12.44) and a 52-week high of GBX 1,335.54 ($17.32). The stock’s 50 day moving average price is GBX 1,081.88 and its two-hundred day moving average price is GBX 1,081.16. The company has a debt-to-equity ratio of 169.49, a quick ratio of 0.16 and a current ratio of 1.06.

Insider Activity at Dunelm Group

In related news, insider Ajay Kavan purchased 2,450 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was acquired at an average cost of GBX 1,020 ($13.23) per share, with a total value of £24,990 ($32,408.25). 44.06% of the stock is currently owned by insiders.

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.