Dunelm Group plc (LON:DNLM) Receives GBX 1,315.71 Average Price Target from Analysts

Key Points

• Dunelm Group plc has received a consensus recommendation of "Moderate Buy" from analysts, with two holding and five buying the stock.
• The average 12-month price target for Dunelm Group among analysts is GBX 1,315.71, reflecting positive growth expectations.
• The company's latest earnings report showed an earnings per share (EPS) of GBX 77.20 for the quarter, alongside a strong return on equity of 96.64%.

Shares of Dunelm Group plc (LON:DNLM - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seven analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 1,315.71.

A number of equities analysts recently issued reports on DNLM shares. JPMorgan Chase & Co. lifted their target price on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a "neutral" rating in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. Berenberg Bank restated a "buy" rating and set a GBX 1,480 target price on shares of Dunelm Group in a research report on Tuesday, September 9th. UBS Group reaffirmed a "buy" rating and set a GBX 1,385 target price on shares of Dunelm Group in a report on Friday, September 5th. Finally, Jefferies Financial Group raised their target price on Dunelm Group from GBX 1,095 to GBX 1,115 and gave the company a "hold" rating in a report on Thursday, September 11th.

Dunelm Group Stock Performance

LON DNLM traded up GBX 8 during trading hours on Friday, reaching GBX 1,075. The stock had a trading volume of 468,021 shares, compared to its average volume of 637,848. Dunelm Group has a 52-week low of GBX 836.61 and a 52-week high of GBX 1,254. The stock has a market cap of £2.16 billion, a P/E ratio of 1,437.17, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The stock has a fifty day moving average of GBX 1,176.40 and a 200 day moving average of GBX 1,111.18. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

Dunelm Group (LON:DNLM - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX 77.20 earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Sell-side analysts predict that Dunelm Group will post 77.0957096 earnings per share for the current year.

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.