Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Dunelm Group (LON:DNLM)

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Monday, Marketbeat reports. They presently have a GBX 1,280 ($17.14) price target on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 13.27% from the company’s previous close.

Separately, Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research note on Thursday, April 17th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,295 ($17.34).

Dunelm Group Stock Performance

LON DNLM opened at GBX 1,130 ($15.13) on Monday. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. Dunelm Group has a 1 year low of GBX 836.61 ($11.20) and a 1 year high of GBX 1,279 ($17.12). The company has a market capitalization of £2.28 billion, a PE ratio of 15.04, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a fifty day moving average of GBX 1,169.12 and a two-hundred day moving average of GBX 1,047.84.

Insider Activity

In other news, insider Ajay Kavan acquired 2,621 shares of Dunelm Group stock in a transaction that occurred on Wednesday, May 7th. The stock was purchased at an average price of GBX 1,142 ($15.29) per share, for a total transaction of £29,931.82 ($40,074.74). Also, insider Karen Witts sold 24,277 shares of the firm’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of GBX 1,178 ($15.77), for a total transaction of £285,983.06 ($382,893.37). 34.28% of the stock is currently owned by corporate insiders.

Dunelm Group Company Profile

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.