Dunelm Group plc (LON:DNLM)‘s stock had its “hold” rating restated by equities research analysts at HSBC Holdings plc in a research report issued on Friday, June 30th, MarketBeat.com reports. They presently have a GBX 640 ($8.34) price target on the stock. HSBC Holdings plc’s price target suggests a potential upside of 5.96% from the company’s previous close.
Several other research firms also recently commented on DNLM. Citigroup Inc. reiterated a “neutral” rating and issued a GBX 640 ($8.34) price objective on shares of Dunelm Group plc in a report on Wednesday, March 15th. J P Morgan Chase & Co decreased their price objective on Dunelm Group plc from GBX 890 ($11.59) to GBX 760 ($9.90) and set an “overweight” rating on the stock in a report on Friday, March 31st. Barclays PLC began coverage on Dunelm Group plc in a report on Thursday, March 30th. They set an “overweight” rating and a GBX 730 ($9.51) price target on the stock. Peel Hunt reduced their price target on Dunelm Group plc from GBX 750 ($9.77) to GBX 620 ($8.08) and set a “hold” rating on the stock in a report on Wednesday, April 12th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 798 ($10.40) price target on shares of Dunelm Group plc in a report on Wednesday, April 12th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 698.36 ($9.10).
Dunelm Group plc (LON:DNLM) traded up 1.85% during midday trading on Friday, hitting GBX 604.00. The stock had a trading volume of 161,118 shares. Dunelm Group plc has a 52 week low of GBX 541.50 and a 52 week high of GBX 943.00. The stock’s market capitalization is GBX 1.22 billion. The company’s 50 day moving average price is GBX 596.69 and its 200-day moving average price is GBX 628.45.
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In other news, insider William Reeve acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The stock was bought at an average cost of GBX 559 ($7.28) per share, for a total transaction of £16,770 ($21,847.32). Also, insider John Browett acquired 9,098 shares of the firm’s stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average price of GBX 547 ($7.13) per share, with a total value of £49,766.06 ($64,833.32). Over the last three months, insiders bought 14,783 shares of company stock worth $8,146,466.
Dunelm Group plc 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.
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