Shore Capital Reiterates "No Recommendation" Rating for Dunelm Group (LON:DNLM)

Key Points

• Shore Capital has maintained a "no recommendation" rating for Dunelm Group (LON:DNLM) as of the latest report.
• Analysts from various firms have upgraded target prices for Dunelm Group, with notable ratings including a "buy" from Deutsche Bank at GBX 1,360 and UBS Group also at GBX 1,360.
• Dunelm Group reported a net margin of 8.86% and an EPS of GBX 77.20 for the last quarter, with a forecast of 77.1 EPS for the current year.

Dunelm Group (LON:DNLM - Get Free Report)'s stock had its "no recommendation" rating reaffirmed by stock analysts at Shore Capital in a report issued on Thursday, MarketBeat.com reports.

A number of other analysts have also weighed in on DNLM. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 1,320 price target on shares of Dunelm Group in a research note on Wednesday, September 10th. UBS Group reissued a "buy" rating and issued a GBX 1,360 price target on shares of Dunelm Group in a research report on Friday, October 17th. Jefferies Financial Group increased their price target on Dunelm Group from GBX 1,095 to GBX 1,115 and gave the company a "hold" rating in a research report on Thursday, September 11th. Finally, JPMorgan Chase & Co. raised their target price on 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. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,312.14.

Dunelm Group Price Performance

LON:DNLM traded down GBX 9 during trading hours on Thursday, reaching GBX 1,139. 854,368 shares of the company were exchanged, compared to its average volume of 641,738. The business has a 50 day moving average of GBX 1,140.02 and a 200 day moving average of GBX 1,138.68. Dunelm Group has a 1-year low of GBX 836.61 and a 1-year high of GBX 1,249. 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 has a market capitalization of £2.29 billion, a P/E ratio of 14.83, a P/E/G ratio of -10.32 and a beta of 1.18.

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

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.

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