Dunelm Group (LON:DNLM) Given New GBX 1,240 Price Target at Canaccord Genuity Group

Key Points

• Canaccord Genuity cut its target price to GBX 1,240 (from GBX 1,280) but kept a "buy" rating, implying a potential upside of 50.77% from the prior close.
• The stock's consensus from analysts is a Moderate Buy with a consensus price target of GBX 1,199.44; seven analysts rate Buy, one Hold and one Sell, and several brokers (Berenberg, Deutsche, Panmure) have recently trimmed targets.
• Dunelm traded at GBX 822.44 (+1.7%) on heavy volume (19.6M vs. avg 2.9M) and has a market cap of £1.66bn and a P/E of 11.19; the company reported GBX 42 EPS, insiders (Luisa Wright) bought shares at GBX 963, and management warned of slower sales growth, which has driven volatility.

Dunelm Group (LON:DNLM - Get Free Report) had its target price cut by analysts at Canaccord Genuity Group from GBX 1,280 to GBX 1,240 in a report issued on Friday,Digital Look reports. The firm presently has a "buy" rating on the stock. Canaccord Genuity Group's target price points to a potential upside of 50.77% from the company's previous close.

Several other equities research analysts have also recently commented on DNLM. Berenberg Bank decreased their target price on Dunelm Group from GBX 1,425 to GBX 1,350 and set a "buy" rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft decreased their target price on Dunelm Group from GBX 1,360 to GBX 1,200 and set a "buy" rating for the company in a research note on Friday, January 16th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,075 target price on shares of Dunelm Group in a research note on Thursday. Shore Capital Group reaffirmed a "buy" rating on shares of Dunelm Group in a research note on Thursday. Finally, Panmure Gordon decreased their target price on Dunelm Group from GBX 995 to GBX 830 and set a "sell" rating for the company in a research note on Monday, January 19th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,199.44.

Dunelm Group Trading Up 1.7%

LON DNLM traded up GBX 13.44 during trading hours on Friday, hitting GBX 822.44. 19,611,158 shares of the company's stock were exchanged, compared to its average volume of 2,913,506. The stock has a 50-day simple moving average of GBX 888.65 and a 200 day simple moving average of GBX 1,020.89. Dunelm Group has a 1-year low of GBX 770 and a 1-year high of GBX 1,249. The firm has a market cap of £1.66 billion, a price-to-earnings ratio of 11.19, a PEG ratio of -10.32 and a beta of 1.03. The company has a current ratio of 0.83, a quick ratio of 0.16 and a debt-to-equity ratio of 175.79.

Dunelm Group (LON:DNLM - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported GBX 42 EPS for the quarter. Dunelm Group had a return on equity of 105.88% and a net margin of 8.29%. On average, equities analysts forecast that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

Insider Activity

In related news, insider Luisa Wright bought 2,442 shares of the business's stock in a transaction that occurred on Friday, February 13th. The shares were bought at an average price of GBX 963 per share, with a total value of £23,516.46. 34.13% of the stock is currently owned by insiders.

Key Headlines Impacting Dunelm Group

Here are the key news stories impacting Dunelm Group this week:

• Positive Sentiment: Shore Capital reaffirmed its "buy" rating on Dunelm, providing support from another sell‑side backer that can help underpin the stock amid weak trading. Shore Capital reaffirm buy
• Positive Sentiment: Jefferies also reaffirmed a "buy" rating (maintaining a GBX 1,075 price target), which reinforces investor confidence from a major broker despite recent operational headwinds. Jefferies reaffirm buy
• Neutral Sentiment: Round‑up link: a general live feed/collection of Dunelm news and broker commentary for traders monitoring ongoing updates. DNLM Share News Today
• Negative Sentiment: Berenberg trimmed its price target from GBX 1,425 to GBX 1,350 even while keeping a "buy" call — a modest downgrade that reduces upside expectations and can cap near‑term gains. Berenberg lowers PT
• Negative Sentiment: Reporting indicates Dunelm shares earlier fell after management signalled slower sales growth and a dimmer outlook, a clear fundamental headwind that explains elevated volatility and heavy volume. Dunelm shares tumble — sales growth slows

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. The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.

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