Analysts Set Dunelm Group plc (LON:DNLM) PT at GBX 1,237

Dunelm Group plc (LON:DNLM) has been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,251.67 ($15.23).

A number of analysts have recently issued reports on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 1,430 ($17.40) price objective 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 Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of Dunelm Group from GBX 1,140 ($13.87) to GBX 1,170 ($14.24) and gave the company a “neutral” rating in a research report on Tuesday, September 24th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($16.12) price target on shares of Dunelm Group in a report on Thursday. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 1,325 ($16.12) price objective on shares of Dunelm Group in a report on Thursday, October 24th.

Insiders Place Their Bets

In other Dunelm Group news, insider Nick Wilkinson sold 28,236 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.13), for a total value of £327,819.96 ($398,856.26). Also, insider Karen Witts bought 8,375 shares of the stock in a transaction dated Thursday, October 31st. The shares were bought at an average cost of GBX 1,126 ($13.70) per share, with a total value of £94,302.50 ($114,737.19). 34.28% of the stock is currently owned by company insiders.

Dunelm Group Stock Performance

Dunelm Group stock opened at GBX 973.50 ($11.84) on Monday. The firm has a market capitalization of £1.97 billion, a PE ratio of 1,315.54, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a one year low of GBX 953 ($11.60) and a one year high of GBX 1,279 ($15.56). The stock’s 50 day moving average price is GBX 1,088.29 and its 200 day moving average price is GBX 1,152.05. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

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.