Dunelm Group (LON:DNLM) Price Target Raised to GBX 1,225

Dunelm Group (LON:DNLM - Free Report) had its target price hoisted by JPMorgan Chase & Co. from GBX 1,170 ($15.69) to GBX 1,225 ($16.43) in a report published on Friday morning, MarketBeat.com reports. The brokerage currently has a neutral rating on the stock.

DNLM has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 1,280 ($17.17) target price on shares of Dunelm Group in a report on Monday, July 14th. Shore Capital reiterated a "not rated" rating on shares of Dunelm Group in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,316 ($17.65).

Dunelm Group Price Performance

Shares of DNLM traded down GBX 16.43 ($0.22) during mid-day trading on Friday, reaching GBX 1,195 ($16.03). The company had a trading volume of 253,541 shares, compared to its average volume of 648,121. Dunelm Group has a twelve month low of GBX 836.61 ($11.22) and a twelve month high of GBX 1,279 ($17.16). The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The company's 50-day moving average is GBX 1,170.85 and its 200-day moving average is GBX 1,050.24. The company has a market capitalization of £2.41 billion, a P/E ratio of 15.91, a P/E/G ratio of -10.32 and a beta of 1.18.

Insider Activity at Dunelm Group

In other news, insider Ajay Kavan purchased 2,621 shares of the business's stock in a transaction on Wednesday, May 7th. The shares were acquired at an average cost of GBX 1,142 ($15.32) per share, with a total value of £29,931.82 ($40,149.99). Also, 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 ($15.80), for a total transaction of £285,983.06 ($383,612.42). Company 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.