Dunelm Group (LON:DNLM) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Dunelm Group (LON:DNLM) in a report issued on Tuesday morning, MarketBeat reports. Canaccord Genuity Group currently has a GBX 1,270 ($15.81) target price on the stock.

A number of other analysts also recently issued reports on DNLM. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,325 ($16.50) target price on shares of Dunelm Group in a research report on Thursday, October 24th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report on Tuesday. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,430 ($17.81) price objective on shares of Dunelm Group in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,242.50 ($15.47).

Dunelm Group Trading Up 0.2 %

LON:DNLM opened at GBX 973 ($12.12) on Tuesday. The company has a market cap of £1.97 billion, a P/E ratio of 1,314.86, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a twelve month low of GBX 936.98 ($11.67) and a twelve month high of GBX 1,279 ($15.93). The business has a 50 day moving average price of GBX 1,037.35 and a two-hundred day moving average price of GBX 1,134.21. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last announced its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.56) EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%. As a group, analysts expect that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

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.