Dunelm Group (LON:DNLM)'s stock had its "overweight" rating reiterated by analysts at Barclays in a research report issued to clients and investors on Wednesday, Digital Look reports. They currently have a GBX 1,775 ($24.09) target price on the stock. Barclays's price objective suggests a potential upside of 24.04% from the stock's previous close.
A number of other research firms also recently commented on DNLM. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,620 ($21.99) price target on shares of Dunelm Group in a research note on Wednesday, January 5th. Peel Hunt reiterated a "buy" rating and issued a GBX 1,750 ($23.75) price target on shares of Dunelm Group in a report on Thursday, December 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Dunelm Group from GBX 1,300 ($17.65) to GBX 1,400 ($19.00) and gave the stock a "neutral" rating in a report on Thursday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of GBX 1,690.83 ($22.95).
Shares of DNLM stock opened at GBX 1,431 ($19.42) on Wednesday. The firm has a market cap of £2.90 billion and a P/E ratio of 22.73. The firm has a fifty day moving average of GBX 1,362.30 and a two-hundred day moving average of GBX 1,362.70. The company has a debt-to-equity ratio of 104.30, a current ratio of 1.34 and a quick ratio of 0.58. Dunelm Group has a 1-year low of GBX 1,114 ($15.12) and a 1-year high of GBX 1,599 ($21.70).
In related news, insider Laura Carr sold 54,583 shares of Dunelm Group stock in a transaction dated Wednesday, December 1st. The shares were sold at an average price of GBX 1,337 ($18.15), for a total transaction of £729,774.71 ($990,599.58). Also, insider Nick Wilkinson sold 93,196 shares of the stock in a transaction that occurred on Thursday, October 21st. The shares were sold at an average price of GBX 1,272 ($17.27), for a total transaction of £1,185,453.12 ($1,609,139.57).
About Dunelm Group
Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bean bags; bed frames, mattresses, divan beds and bases, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and baby and kids beddings.
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