Dunelm Group plc (LON:DNLM) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Dunelm Group plc has received a consensus rating of "Moderate Buy" from analysts, with one hold and four buy ratings, along with an average price target of GBX 1,326.
• The stock price currently stands at GBX 1,220.40, with the company having a market capitalization of £2.46 billion.
• Insider Karen Witts sold 24,277 shares of Dunelm Group at an average price of GBX 1,178, indicating strong insider activity as insiders own 34.28% of the stock.

Dunelm Group plc (LON:DNLM - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the five brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,342.

A number of brokerages have commented on DNLM. Deutsche Bank Aktiengesellschaft upped their target price on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a "buy" rating in a report on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a research report on Friday, July 18th. Canaccord Genuity Group raised their target price on shares of Dunelm Group from GBX 1,270 to GBX 1,320 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, Berenberg Bank raised their price target on shares of Dunelm Group from GBX 1,430 to GBX 1,480 and gave the stock a "buy" rating in a research note on Thursday, July 17th.

Dunelm Group Trading Down 0.4%

Shares of LON DNLM traded down GBX 5 during midday trading on Tuesday, hitting GBX 1,220. 286,053 shares of the company traded hands, compared to its average volume of 601,676. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,279. 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 stock has a 50-day moving average price of GBX 1,187.03 and a 200 day moving average price of GBX 1,093.02. The firm has a market cap of £2.46 billion, a P/E ratio of 16.24, a P/E/G ratio of -10.32 and a beta of 1.18.

Insider Buying and Selling at Dunelm Group

In related news, insider Karen Witts sold 24,277 shares of Dunelm Group stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total value of £285,983.06. Corporate 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.