Dunelm Group plc (LON:DNLM) Given Consensus Rating of “Moderate Buy” by Brokerages

Dunelm Group plc (LON:DNLM) has been given a consensus rating of “Moderate Buy” by the six analysts that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 1,251.67 ($15.22).

Several brokerages have weighed in on DNLM. JPMorgan Chase & Co. lifted their price objective on shares of Dunelm Group from GBX 1,140 ($13.87) to GBX 1,170 ($14.23) and gave the stock a “neutral” rating in a research note on Tuesday, September 24th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,430 ($17.39) price objective on shares of Dunelm Group in a report on Thursday, December 5th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($16.12) target price on shares of Dunelm Group in a report on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,325 ($16.12) price objective on shares of Dunelm Group in a research report on Thursday, October 24th. Finally, Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Nick Wilkinson sold 28,236 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.12), for a total transaction of £327,819.96 ($398,710.73). Also, insider Karen Witts bought 8,375 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were bought at an average price of GBX 1,126 ($13.69) per share, for a total transaction of £94,302.50 ($114,695.33). Corporate insiders own 34.28% of the company’s stock.

Dunelm Group Stock Performance

Shares of DNLM stock opened at GBX 977 ($11.88) on Monday. The company has a market capitalization of £1.98 billion, a price-to-earnings ratio of 1,320.27, a PEG ratio of -10.32 and a beta of 1.18. 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 953 ($11.59) and a 52 week high of GBX 1,279 ($15.56). The company has a 50-day simple moving average of GBX 1,088.29 and a 200 day simple moving average of GBX 1,153.26.

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.