Canaccord Genuity Group Reaffirms “Buy” Rating for Dunelm Group (LON:DNLM)

Canaccord Genuity Group restated their buy rating on shares of Dunelm Group (LON:DNLM) in a research report released on Monday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 1,250 ($16.01) price objective on the stock.

A number of other research firms have also recently weighed in on DNLM. Berenberg Bank reaffirmed a buy rating and issued a GBX 1,410 ($18.06) price objective on shares of Dunelm Group in a report on Thursday, April 18th. Jefferies Financial Group reissued a hold rating and set a GBX 1,200 ($15.37) target price on shares of Dunelm Group in a research note 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. According to data from MarketBeat, the company has an average rating of Hold and an average price target of GBX 1,199.17 ($15.36).

Dunelm Group Stock Up 0.6 %

DNLM stock opened at GBX 1,112 ($14.24) on Monday. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 169.49. Dunelm Group has a fifty-two week low of GBX 959 ($12.28) and a fifty-two week high of GBX 1,335.54 ($17.11). The firm’s 50-day simple moving average is GBX 1,063.17 and its 200 day simple moving average is GBX 1,079.39. The stock has a market cap of £2.25 billion, a PE ratio of 1,523.29, a price-to-earnings-growth ratio of -10.32 and a beta of 1.10.

Insider Transactions at Dunelm Group

In other news, insider Ajay Kavan bought 2,450 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was bought at an average cost of GBX 1,020 ($13.07) per share, for a total transaction of £24,990 ($32,009.73). Corporate insiders own 44.06% 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.