Shore Capital Reiterates Not Rated Rating for Dunelm Group (LON:DNLM)

Dunelm Group (LON:DNLM)‘s stock had its “not rated” rating reaffirmed by equities research analysts at Shore Capital in a report released on Thursday, Digital Look reports.

DNLM has been the subject of several other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,060 ($13.76) price target on shares of Dunelm Group in a report on Thursday, September 12th. Berenberg Bank boosted their target price on shares of Dunelm Group from GBX 1,410 ($18.31) to GBX 1,470 ($19.09) and gave the company a “buy” rating in a research note on Tuesday, September 17th. JPMorgan Chase & Co. boosted their target price on shares of Dunelm Group from GBX 1,140 ($14.80) to GBX 1,170 ($15.19) and gave the company a “neutral” rating in a research note on Tuesday, September 24th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($17.20) target price on shares of Dunelm Group in a research note on Tuesday, September 17th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 1,220.83 ($15.85).

Dunelm Group Stock Up 0.8 %

Shares of DNLM traded up GBX 9 ($0.12) during midday trading on Thursday, hitting GBX 1,202 ($15.61). The company had a trading volume of 177,738 shares, compared to its average volume of 348,189. The company’s 50 day moving average price is GBX 1,209.81 and its 200 day moving average price is GBX 1,132.22. The stock has a market cap of £2.43 billion, a price-to-earnings ratio of 1,624.32, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 52 week low of GBX 959 ($12.45) and a 52 week high of GBX 1,279 ($16.61). The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Insider Activity

In related news, insider Luisa Wright acquired 2,452 shares of the company’s stock in a transaction on Wednesday, October 2nd. The shares were purchased at an average price of GBX 1,139 ($14.79) per share, for a total transaction of £27,928.28 ($36,261.08). 34.28% of the stock is owned by company insiders.

About Dunelm Group

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.