Dunelm Group (LON:DNLM) had its price target lowered by Numis Securities from GBX 800 ($11.45) to GBX 750 ($10.74) in a research note issued to investors on Friday. The brokerage currently has a buy rating on the stock.
Several other research firms have also issued reports on DNLM. Peel Hunt reissued a hold rating and set a GBX 620 ($8.88) target price on shares of Dunelm Group in a report on Friday, January 5th. Royal Bank of Canada reduced their target price on Dunelm Group from GBX 575 ($8.23) to GBX 560 ($8.02) and set an underperform rating on the stock in a report on Friday, February 23rd. Deutsche Bank reduced their target price on Dunelm Group from GBX 685 ($9.81) to GBX 620 ($8.88) and set a hold rating on the stock in a report on Wednesday, February 21st. Credit Suisse Group reissued a hold rating and set a GBX 685 ($9.81) target price on shares of Dunelm Group in a report on Monday, January 1st. Finally, Canaccord Genuity reissued a buy rating and set a GBX 752 ($10.77) target price on shares of Dunelm Group in a report on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. Dunelm Group has a consensus rating of Hold and a consensus price target of GBX 649.90 ($9.31).
DNLM opened at GBX 558.50 ($8.00) on Friday. Dunelm Group has a 52-week low of GBX 541.50 ($7.75) and a 52-week high of GBX 760 ($10.88).
The firm also recently disclosed a dividend, which was paid on Friday, April 13th. Investors of record on Thursday, March 22nd were given a dividend of GBX 7 ($0.10) per share. The ex-dividend date of this dividend was Thursday, March 22nd. This represents a dividend yield of 1.22%.
In other news, insider Andy Harrison bought 43,647 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was purchased at an average cost of GBX 568 ($8.13) per share, for a total transaction of £247,914.96 ($354,975.60). Also, insider Keith Down bought 7,645 shares of the company’s stock in a transaction on Thursday, March 22nd. The stock was purchased at an average price of GBX 518 ($7.42) per share, with a total value of £39,601.10 ($56,702.61). Over the last 90 days, insiders have purchased 128,741 shares of company stock valued at $78,396,415.
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Dunelm Group Company Profile
Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and kids beddings.
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