Dunelm Group plc (LON:DNLM) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

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 an average recommendation of "Moderate Buy" from the five ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,342.

A number of brokerages have commented on DNLM. Deutsche Bank Aktiengesellschaft lifted their price target on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Berenberg Bank lifted their price target on Dunelm Group from GBX 1,430 to GBX 1,480 and gave the stock a "buy" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. lifted their price target on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a "neutral" rating in a research report on Friday, July 18th. Finally, Canaccord Genuity Group lifted their price target on Dunelm Group from GBX 1,270 to GBX 1,320 and gave the stock a "buy" rating in a research report on Thursday, July 24th.

Dunelm Group Stock Down 1.6%

DNLM stock traded down GBX 20 on Tuesday, hitting GBX 1,200. 708,181 shares of the company's stock were exchanged, compared to its average volume of 602,314. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,279. The firm has a 50 day moving average price of GBX 1,187.53 and a two-hundred day moving average price of GBX 1,096.03. 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 market cap of £2.42 billion, a P/E ratio of 1,604.28, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Insider Buying and Selling

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of Dunelm Group 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. Corporate insiders own 39.14% 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.