Dunelm Group (LON:DNLM) Price Target Increased to GBX 1,325 by Analysts at Canaccord Genuity Group

Dunelm Group (LON:DNLM) had its price target raised by equities research analysts at Canaccord Genuity Group from GBX 1,250 ($16.21) to GBX 1,325 ($17.18) in a research report issued to clients and investors on Saturday, LSE.Co.UK reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 9.32% from the company’s current price.

Several other equities research analysts have also recently commented on DNLM. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,200 ($15.56) price objective on shares of Dunelm Group in a research report on Thursday, April 18th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,410 ($18.29) price objective on shares of Dunelm Group in a research report on Thursday, April 18th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Dunelm Group has an average rating of “Hold” and an average price target of GBX 1,211.67 ($15.71).

Dunelm Group Trading Up 0.4 %

LON DNLM opened at GBX 1,212 ($15.72) on Friday. Dunelm Group has a 12 month low of GBX 959 ($12.44) and a 12 month high of GBX 1,335.54 ($17.32). The stock has a market cap of £2.45 billion, a P/E ratio of 1,667.12, a P/E/G ratio of -10.32 and a beta of 1.10. The stock’s fifty day moving average price is GBX 1,081.88 and its 200-day moving average price is GBX 1,081.16. The company has a current ratio of 1.06, a quick ratio of 0.16 and a debt-to-equity ratio of 169.49.

Insider Activity at Dunelm Group

In other news, insider Ajay Kavan bought 2,471 shares of the stock in a transaction on Tuesday, May 7th. The shares were bought at an average price of GBX 1,012 ($13.12) per share, with a total value of £25,006.52 ($32,429.67). 44.06% of the stock is currently owned by insiders.

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.