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

Canaccord Genuity Group restated their buy rating on shares of Dunelm Group (LON:DNLM - Free Report) in a research note released on Tuesday morning, Marketbeat.com reports. They currently have a GBX 1,270 ($15.96) target price on the stock.

Several other research analysts have also recently issued reports on DNLM. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a report on Tuesday. Berenberg Bank restated a "buy" rating and issued a GBX 1,430 ($17.97) price objective on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 1,325 ($16.65) price target on shares of Dunelm Group in a research report on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,242.50 ($15.62).

Dunelm Group Price Performance

Shares of Dunelm Group stock traded up GBX 11.93 ($0.15) during trading on Tuesday, hitting GBX 1,014.93 ($12.76). 447,990 shares of the stock traded hands, compared to its average volume of 928,887. The firm's fifty day moving average is GBX 1,027.78 and its 200-day moving average is GBX 1,129.95. The stock has a market cap of £2.05 billion, a price-to-earnings ratio of 13.51, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 52 week low of GBX 924.04 ($11.61) and a 52 week high of GBX 1,279 ($16.07). The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.57) earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Research analysts expect that Dunelm Group will post 77.0957096 EPS for the current fiscal 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.