Dunelm Group (LON:DNLM) PT Raised to GBX 1,240

Dunelm Group (LON:DNLM – Get Rating) had its price objective boosted by investment analysts at Berenberg Bank from GBX 1,130 ($13.99) to GBX 1,240 ($15.35) in a report issued on Monday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 13.55% from the company’s current price.

Several other equities research analysts have also commented on the company. Barclays upped their price objective on Dunelm Group from GBX 1,100 ($13.62) to GBX 1,300 ($16.10) and gave the stock an “overweight” rating in a research note on Friday, January 20th. JPMorgan Chase & Co. increased their price target on shares of Dunelm Group from GBX 1,130 ($13.99) to GBX 1,150 ($14.24) and gave the company a “neutral” rating in a report on Friday, January 20th. Finally, Numis Securities reaffirmed a “buy” rating and issued a GBX 1,050 ($13.00) price target on shares of Dunelm Group in a report on Thursday, January 19th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dunelm Group has an average rating of “Moderate Buy” and a consensus price target of GBX 1,240 ($15.35).

Dunelm Group Stock Performance

DNLM stock opened at GBX 1,092 ($13.52) on Monday. The stock’s 50 day simple moving average is GBX 999.01 and its 200 day simple moving average is GBX 871.88. The stock has a market capitalization of £2.20 billion and a PE ratio of 1,300.00. The company has a current ratio of 1.08, a quick ratio of 0.16 and a debt-to-equity ratio of 185.59. Dunelm Group has a 12-month low of GBX 659.50 ($8.17) and a 12-month high of GBX 1,354 ($16.76).

Insider Activity at Dunelm Group

In other news, insider Nick Wilkinson sold 47,104 shares of the business’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of GBX 927 ($11.48), for a total transaction of £436,654.08 ($540,614.19).

About Dunelm Group

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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 chairs; 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.