Dunelm Group (LON:DNLM) Price Target Raised to GBX 1,480 at Berenberg Bank

Dunelm Group (LON:DNLM - Get Free Report) had its price target upped by analysts at Berenberg Bank from GBX 1,430 ($19.18) to GBX 1,480 ($19.85) in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The firm presently has a "buy" rating on the stock. Berenberg Bank's price objective indicates a potential upside of 24.27% from the company's previous close.

Several other analysts have also recently weighed in on DNLM. JPMorgan Chase & Co. lifted their price target on Dunelm Group from GBX 1,170 ($15.69) to GBX 1,225 ($16.43) and gave the stock a "neutral" rating in a report on Friday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 1,280 ($17.17) price objective 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 equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Dunelm Group presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,316 ($17.65).

Dunelm Group Stock Performance

Shares of DNLM stock traded down GBX 20.43 ($0.27) during trading on Thursday, reaching GBX 1,191 ($15.98). 15,117,424 shares of the company's stock were exchanged, compared to its average volume of 755,055. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The stock has a market capitalization of £2.40 billion, a PE ratio of 15.86, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a twelve month low of GBX 836.61 ($11.22) and a twelve month high of GBX 1,279 ($17.16). The firm's fifty day moving average price is GBX 1,170.85 and its 200-day moving average price is GBX 1,050.24.

Insider Activity

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of the company's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of GBX 1,178 ($15.80), for a total transaction of £285,983.06 ($383,612.42). Also, insider Ajay Kavan purchased 2,621 shares of the stock in a transaction on Wednesday, May 7th. The shares were acquired at an average cost of GBX 1,142 ($15.32) per share, with a total value of £29,931.82 ($40,149.99). Insiders own 34.28% of the company's stock.

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.