Other equities analysts also recently issued reports about the stock. Numis Securities downgraded shares of Dunelm Group to an add rating and decreased their price objective for the company from GBX 750 ($9.77) to GBX 600 ($7.82) in a report on Wednesday, July 18th. UBS Group decreased their price objective on shares of Dunelm Group from GBX 640 ($8.34) to GBX 600 ($7.82) and set a buy rating on the stock in a report on Thursday, September 13th. Canaccord Genuity decreased their price objective on shares of Dunelm Group from GBX 714 ($9.30) to GBX 675 ($8.79) and set a buy rating on the stock in a report on Tuesday, May 29th. Barclays decreased their price objective on shares of Dunelm Group from GBX 540 ($7.03) to GBX 520 ($6.77) and set an equal weight rating on the stock in a report on Friday, July 13th. Finally, HSBC decreased their price objective on shares of Dunelm Group from GBX 550 ($7.16) to GBX 500 ($6.51) and set a hold rating on the stock in a report on Monday, July 9th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 580.42 ($7.56).
LON:DNLM opened at GBX 542.50 ($7.07) on Monday. Dunelm Group has a one year low of GBX 541.50 ($7.05) and a one year high of GBX 760 ($9.90).
In other Dunelm Group news, insider Nick Wilkinson purchased 48,876 shares of the firm’s stock in a transaction that occurred on Friday, July 20th. The shares were acquired at an average cost of GBX 509 ($6.63) per share, for a total transaction of £248,778.84 ($324,057.37).
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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