Dunelm Group (DNLM) Price Target Cut to GBX 714

Dunelm Group (LON:DNLM) had its price objective decreased by investment analysts at Canaccord Genuity from GBX 752 ($10.39) to GBX 714 ($9.86) in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s price objective points to a potential upside of 24.72% from the stock’s current price.

Several other equities analysts have also issued reports on DNLM. Peel Hunt reaffirmed a “hold” rating and set a GBX 620 ($8.57) price objective on shares of Dunelm Group in a report on Tuesday, December 5th. Jefferies Group raised their price objective on Dunelm Group from GBX 515 ($7.12) to GBX 560 ($7.74) and gave the stock an “underperform” rating in a report on Wednesday, December 6th. Deutsche Bank raised their price objective on Dunelm Group from GBX 640 ($8.84) to GBX 685 ($9.46) and gave the stock a “hold” rating in a report on Friday, December 8th. Credit Suisse Group reaffirmed a “hold” rating and set a GBX 685 ($9.46) price objective on shares of Dunelm Group in a report on Monday, January 1st. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 760 ($10.50) price objective on shares of Dunelm Group in a report on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 653.55 ($9.03).

Dunelm Group (LON:DNLM) opened at GBX 572.50 ($7.91) on Thursday. The stock has a market capitalization of $1,160.00 and a PE ratio of 1,590.28. Dunelm Group has a twelve month low of GBX 541.50 ($7.48) and a twelve month high of GBX 760 ($10.50).

In related news, insider Andy Harrison purchased 43,647 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were purchased at an average price of GBX 568 ($7.85) per share, with a total value of £247,914.96 ($342,518.60).

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Dunelm Group Company Profile

Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.

Analyst Recommendations for Dunelm Group (LON:DNLM)

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