Dunelm Group's (DNLM) "Buy" Rating Reiterated at Canaccord Genuity Group

Dunelm Group (LON:DNLM - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Canaccord Genuity Group in a research report issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 1,325 ($16.12) price target on the stock. Canaccord Genuity Group's price target suggests a potential upside of 36.11% from the stock's current price.

DNLM has been the subject of several other research reports. Shore Capital reiterated a "not rated" rating on shares of Dunelm Group in a research report on Thursday, October 24th. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 1,325 ($16.12) target price on shares of Dunelm Group in a report on Thursday, October 24th. Berenberg Bank reiterated a "buy" rating and set a GBX 1,430 ($17.40) target price on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. raised their price target on Dunelm Group from GBX 1,140 ($13.87) to GBX 1,170 ($14.24) and gave the stock a "neutral" rating in a research report on Tuesday, September 24th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 1,251.67 ($15.23).

Dunelm Group Trading Up 0.5 %

DNLM stock traded up GBX 5 ($0.06) during midday trading on Thursday, reaching GBX 973.50 ($11.84). The stock had a trading volume of 492,676 shares, compared to its average volume of 1,881,023. The firm has a market cap of £1.97 billion, a price-to-earnings ratio of 1,315.54, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a twelve month low of GBX 953 ($11.60) and a twelve month high of GBX 1,279 ($15.56). The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The business has a fifty day simple moving average of GBX 1,088.29 and a two-hundred day simple moving average of GBX 1,152.05.

Insider Activity at Dunelm Group

In other Dunelm Group news, insider Nick Wilkinson sold 28,236 shares of the firm's stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.13), for a total transaction of £327,819.96 ($398,856.26). Also, insider Karen Witts purchased 8,375 shares of Dunelm Group stock in a transaction dated Thursday, October 31st. The stock was bought at an average price of GBX 1,126 ($13.70) per share, with a total value of £94,302.50 ($114,737.19). 34.28% of the stock is owned by corporate insiders.

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.