Analysts Set Dunelm Group plc (LON:DNLM) Target Price at GBX 1,326

Key Points

• Dunelm Group plc has received a consensus recommendation of "Moderate Buy" from five research firms, with one hold rating and four buy ratings.
• The average 1-year price objective for Dunelm Group among analysts is GBX 1,326 ($17.60), indicating potential upside from current trading levels.
• Insider activity shows mixed sentiment, with one insider purchasing 2,621 shares at GBX 1,142 ($15.16) and another selling 24,277 shares at GBX 1,178 ($15.64).

Dunelm Group plc (LON:DNLM - Get Free Report) has received an average recommendation of "Moderate Buy" from the five ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,326.

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Dunelm Group from GBX 1,170 ($15.54) to GBX 1,225 ($16.27) and gave the stock a "neutral" rating in a research note on Friday, July 18th. Shore Capital reaffirmed a "not rated" rating on shares of Dunelm Group in a research note on Thursday, April 17th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 1,280 ($17.00) price objective on shares of Dunelm Group in a research note on Monday, July 14th. Canaccord Genuity Group raised their price objective on shares of Dunelm Group from GBX 1,270 ($16.86) to GBX 1,320 ($17.53) and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Berenberg Bank raised their price objective on shares of Dunelm Group from GBX 1,430 ($18.99) to GBX 1,480 ($19.65) and gave the company a "buy" rating in a research note on Thursday, July 17th.

Insider Buying and Selling at Dunelm Group

In related news, insider Ajay Kavan bought 2,621 shares of the company's stock in a transaction on Wednesday, May 7th. The shares were purchased at an average cost of GBX 1,142 ($15.16) per share, with a total value of £29,931.82 ($39,744.81). Also, insider Karen Witts sold 24,277 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of GBX 1,178 ($15.64), for a total value of £285,983.06 ($379,741.15). Company insiders own 34.28% of the company's stock.

Dunelm Group Stock Up 1.1%

Shares of LON:DNLM traded up GBX 13 ($0.17) during trading on Friday, reaching GBX 1,212 ($16.09). 617,882 shares of the stock traded hands, compared to its average volume of 625,212. 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 of GBX 1,176.01 and a two-hundred day moving average of GBX 1,063.25. The stock has a market cap of £2.45 billion, a P/E ratio of 16.14, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a 52-week low of GBX 836.61 ($11.11) and a 52-week high of GBX 1,279 ($16.98).

Dunelm Group Company Profile

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.