Dunelm Group (LON:DNLM) Given New GBX 1,115 Price Target at Jefferies Financial Group

Key Points

• Jefferies Financial Group has increased its price target for Dunelm Group from GBX 1,095 to GBX 1,115, indicating a potential upside of 4.11%.
• Currently, Dunelm Group is rated as a "Moderate Buy" by analysts, with a consensus target price of GBX 1,315.71 based on various brokerage ratings.
• Insider activity includes a recent sale of 24,277 shares by insider Karen Witts at an average price of GBX 1,178.

Dunelm Group (LON:DNLM - Get Free Report) had its target price lifted by stock analysts at Jefferies Financial Group from GBX 1,095 to GBX 1,115 in a research report issued on Thursday, MarketBeat reports. The firm currently has a "hold" rating on the stock. Jefferies Financial Group's price target points to a potential upside of 4.77% from the stock's previous close.

A number of other research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of 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 restated a "buy" rating and issued a GBX 1,480 price target on shares of Dunelm Group in a research report on Tuesday. Canaccord Genuity Group restated a "buy" rating and issued a GBX 1,320 price target on shares of Dunelm Group in a research report on Wednesday. JPMorgan Chase & Co. boosted their target price 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. Finally, Shore Capital reiterated a "no recommendation" rating on shares of Dunelm Group in a research report on Tuesday. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,315.71.

Dunelm Group Trading Down 1.5%

LON:DNLM traded down GBX 15.78 during mid-day trading on Thursday, hitting GBX 1,064.22. 299,021 shares of the company's stock were exchanged, compared to its average volume of 649,615. The firm has a market capitalization of £2.14 billion, a P/E ratio of 1,422.76, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a fifty-two week low of GBX 836.61 and a fifty-two week high of GBX 1,255.03. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The company has a 50 day simple moving average of GBX 1,184.31 and a 200-day simple moving average of GBX 1,105.99.

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

Insider Buying and Selling

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of the business's stock in a transaction on Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total transaction of £285,983.06. Company 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.