Deutsche Bank Aktiengesellschaft Increases Dunelm Group (LON:DNLM) Price Target to GBX 1,360

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Dunelm Group from GBX 1,320 to GBX 1,360, suggesting a potential upside of 11.84% from the current price.
• Multiple analysts have issued positive ratings for the stock, with Berenberg Bank setting a new price target of GBX 1,480, indicating strong investor confidence.
• Dunelm Group's stock has seen a slight decline of 0.4%, currently priced at GBX 1,216, despite a significant potential upside noted by analysts.

Dunelm Group (LON:DNLM - Get Free Report) had its target price boosted by analysts at Deutsche Bank Aktiengesellschaft from GBX 1,320 to GBX 1,360 in a report issued on Tuesday,London Stock Exchange reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 11.84% from the stock's current price.

Other analysts have also recently issued reports about the company. Berenberg Bank raised their price target on Dunelm Group from GBX 1,430 to GBX 1,480 and gave the company a "buy" rating in a research note on Thursday, July 17th. Canaccord Genuity Group raised their price target on Dunelm Group from GBX 1,270 to GBX 1,320 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. raised their price target on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a research note on Friday, July 18th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,342.

Dunelm Group Stock Down 0.4%

Dunelm Group stock opened at GBX 1,216 on Tuesday. Dunelm Group has a 1-year low of GBX 836.61 and a 1-year high of GBX 1,279. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The stock has a market cap of £2.45 billion, a PE ratio of 16.19, a P/E/G ratio of -10.32 and a beta of 1.18. The stock's fifty day moving average is GBX 1,184.10 and its two-hundred day moving average is GBX 1,089.41.

Insider Activity

In related news, insider Karen Witts sold 24,277 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of GBX 1,178, for a total transaction of £285,983.06. 34.28% of the stock is currently owned by corporate insiders.

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.

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