Canaccord Genuity Group Raises Dunelm Group (LON:DNLM) Price Target to GBX 1,320

Dunelm Group (LON:DNLM - Free Report) had its price objective lifted by Canaccord Genuity Group from GBX 1,270 ($17.07) to GBX 1,320 ($17.74) in a research note issued to investors on Thursday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently commented on the company. Berenberg Bank lifted their target price on Dunelm Group from GBX 1,430 ($19.22) to GBX 1,480 ($19.89) and gave the company a "buy" rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. lifted their target price on Dunelm Group from GBX 1,170 ($15.72) to GBX 1,225 ($16.46) and gave the company a "neutral" rating in a research note on Friday, July 18th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 1,280 ($17.20) target price on shares of Dunelm Group in a research note on Monday, July 14th. Finally, Shore Capital restated a "not rated" rating on shares of Dunelm Group in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,326 ($17.82).

Dunelm Group Stock Performance

Dunelm Group stock remained flat at GBX 1,210 ($16.26) during midday trading on Thursday. The company had a trading volume of 178,652 shares, compared to its average volume of 636,286. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The company has a market capitalization of £2.44 billion, a PE ratio of 16.11, a P/E/G ratio of -10.32 and a beta of 1.18. Dunelm Group has a 1 year low of GBX 836.61 ($11.24) and a 1 year high of GBX 1,279 ($17.19). The business's 50 day moving average is GBX 1,173.67 and its two-hundred day moving average is GBX 1,055.99.

Insider Activity at Dunelm Group

In related news, insider Karen Witts sold 24,277 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of GBX 1,178 ($15.83), for a total transaction of £285,983.06 ($384,282.53). Also, insider Ajay Kavan bought 2,621 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were purchased at an average cost of GBX 1,142 ($15.35) per share, for a total transaction of £29,931.82 ($40,220.13). 34.28% of the stock is owned by 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.