Dunelm Group plc (LON:DNLM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Dunelm Group plc (LON:DNLM) have been given an average recommendation of “Hold” by the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,237 ($15.10).

DNLM has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Dunelm Group from GBX 1,140 ($13.92) to GBX 1,170 ($14.28) and gave the stock a “neutral” rating in a research note on Tuesday, September 24th. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research note on Thursday, October 24th. Berenberg Bank restated a “buy” rating and issued a GBX 1,430 ($17.46) price objective on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,325 ($16.18) target price on shares of Dunelm Group in a research report on Thursday, October 24th.

Insider Activity

In related news, insider Karen Witts bought 8,375 shares of Dunelm Group stock in a transaction dated Thursday, October 31st. The shares were acquired at an average cost of GBX 1,126 ($13.75) per share, with a total value of £94,302.50 ($115,129.41). Also, insider Nick Wilkinson sold 28,236 shares of Dunelm Group stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.17), for a total transaction of £327,819.96 ($400,219.70). Company insiders own 34.28% of the company’s stock.

Dunelm Group Trading Down 1.5 %

Shares of LON:DNLM opened at GBX 996 ($12.16) on Monday. The stock has a 50 day moving average of GBX 1,101.34 and a 200 day moving average of GBX 1,156.02. The company has a market cap of £2.01 billion, a PE ratio of 1,345.95, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12-month low of GBX 959 ($11.71) and a 12-month high of GBX 1,279 ($15.61). The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

About Dunelm Group

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.