Dunelm Group’s (DNLM) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Dunelm Group (LON:DNLM) in a research report report published on Tuesday morning, MarketBeat reports. The brokerage currently has a GBX 1,480 price objective on the stock.

Other equities research analysts have also recently issued research reports about the company. UBS Group restated a “buy” rating and issued a GBX 1,385 price target on shares of Dunelm Group in a report on Friday, September 5th. Deutsche Bank Aktiengesellschaft upped their price target on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Shore Capital restated a “no recommendation” rating on shares of Dunelm Group in a report on Tuesday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,320 price target on shares of Dunelm Group in a report on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a “neutral” rating in a report on Friday, July 18th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,315.71.

Dunelm Group Stock Performance

DNLM opened at GBX 1,080.07 on Tuesday. The stock has a market cap of £2.17 billion, a P/E ratio of 1,443.94, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The stock’s 50 day simple moving average is GBX 1,186.29 and its 200 day simple moving average is GBX 1,104.62. Dunelm Group has a 1-year low of GBX 836.61 and a 1-year high of GBX 1,255.03.

Dunelm Group (LON:DNLM) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX 77.20 earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, equities analysts anticipate that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

Insider Buying and Selling

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of GBX 1,178, for a total transaction of £285,983.06. Company insiders own 39.14% of the company’s stock.

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.