Dunelm Group (LON:DNLM)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Wednesday, January 17th. They presently have a GBX 760 ($10.50) price objective on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 23.28% from the company’s current price.
Several other analysts have also commented on the stock. Barclays reissued an “overweight” rating and set a GBX 860 ($11.88) price target on shares of Dunelm Group in a research report on Wednesday, October 18th. Credit Suisse Group reissued a “hold” rating and set a GBX 685 ($9.46) price target on shares of Dunelm Group in a research report on Monday, January 1st. Canaccord Genuity reissued a “buy” rating and set a GBX 752 ($10.39) price target on shares of Dunelm Group in a research report on Friday, September 22nd. Peel Hunt reissued a “hold” rating and set a GBX 620 ($8.57) price target on shares of Dunelm Group in a research report on Wednesday, October 11th. Finally, Jefferies Group increased their price target on shares of Dunelm Group from GBX 515 ($7.12) to GBX 560 ($7.74) and gave the company an “underperform” rating in a research report on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 691.20 ($9.55).
Dunelm Group (DNLM) traded down GBX 9 ($0.12) during trading hours on Wednesday, reaching GBX 616.50 ($8.52). 172,263 shares of the company were exchanged, compared to its average volume of 490,463. Dunelm Group has a 52 week low of GBX 541.50 ($7.48) and a 52 week high of GBX 760 ($10.50). The stock has a market capitalization of $1,240.00 and a price-to-earnings ratio of 1,712.50.
In other Dunelm Group news, insider Andy Harrison purchased 77,449 shares of the business’s stock in a transaction that occurred on Thursday, January 18th. The shares were bought at an average price of GBX 641 ($8.86) per share, for a total transaction of £496,448.09 ($685,891.25).
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About Dunelm Group
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.
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