Numis Securities cut shares of Dunelm Group (LON:DNLM) to an add rating in a research report report published on Wednesday, July 18th. They currently have GBX 600 ($7.77) price objective on the stock, down from their previous price objective of GBX 750 ($9.71).
Several other equities research analysts also recently weighed in on DNLM. UBS Group reissued a buy rating on shares of Dunelm Group in a research report on Friday, April 6th. Peel Hunt reaffirmed a hold rating and issued a GBX 575 ($7.44) price target on shares of Dunelm Group in a research note on Thursday, July 12th. Citigroup reduced their price target on shares of Dunelm Group from GBX 520 ($6.73) to GBX 450 ($5.83) and set a sell rating for the company in a research note on Thursday, June 28th. JPMorgan Chase & Co. lowered shares of Dunelm Group to a neutral rating and cut their target price for the company from GBX 710 ($9.19) to GBX 620 ($8.03) in a research note on Wednesday, May 30th. Finally, HSBC cut their target price on shares of Dunelm Group from GBX 550 ($7.12) to GBX 500 ($6.47) and set a hold rating for the company in a research note on Monday, July 9th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Dunelm Group currently has a consensus rating of Hold and an average target price of GBX 583.75 ($7.56).
Shares of Dunelm Group traded down GBX 6 ($0.08), hitting GBX 518 ($6.71), during midday trading on Wednesday, MarketBeat.com reports. 342,621 shares of the company’s stock traded hands, compared to its average volume of 647,389. Dunelm Group has a twelve month low of GBX 541.50 ($7.01) and a twelve month high of GBX 760 ($9.84).
In other news, insider Nick Wilkinson acquired 48,876 shares of Dunelm Group stock in a transaction that occurred on Friday, July 20th. The shares were acquired at an average price of GBX 509 ($6.59) per share, with a total value of £248,778.84 ($322,043.81). Also, insider Andy Harrison acquired 92,452 shares of Dunelm Group stock in a transaction that occurred on Friday, May 25th. The shares were purchased at an average cost of GBX 548 ($7.09) per share, for a total transaction of £506,636.96 ($655,840.72).
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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