Dunelm Group plc (LON:DNLM)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a note issued to investors on Thursday. They currently have a GBX 1,000 ($13.05) price objective on the stock. Peel Hunt’s target price points to a potential upside of 21.51% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. Canaccord Genuity cut Dunelm Group plc to a ” hold” rating and boosted their price objective for the company from GBX 875 ($11.42) to GBX 920 ($12.01) in a research note on Thursday, September 15th. Royal Bank Of Canada cut Dunelm Group plc to a ” underperform” rating and decreased their price target for the company from GBX 900 ($11.75) to GBX 800 ($10.44) in a research report on Monday, July 11th. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,000 ($13.05) price target on shares of Dunelm Group plc in a research report on Thursday, September 15th. HSBC started coverage on Dunelm Group plc in a research report on Thursday, September 22nd. They set a “buy” rating and a GBX 1,000 ($13.05) price target on the stock. Finally, Jefferies Group reiterated a “hold” rating and set a GBX 700 ($9.14) price target on shares of Dunelm Group plc in a research report on Thursday, September 15th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 893.33 ($11.66).
Shares of Dunelm Group plc (LON:DNLM) traded down 4.02% on Thursday, reaching GBX 823.00. 1,052,572 shares of the company were exchanged. The stock’s 50-day moving average is GBX 885.73 and its 200 day moving average is GBX 889.96. Dunelm Group plc has a 12-month low of GBX 724.00 and a 12-month high of GBX 1,023.00. The firm’s market capitalization is GBX 1.67 billion.
The company also recently announced a dividend, which will be paid on Friday, November 25th. Shareholders of record on Thursday, November 3rd will be paid a GBX 19.10 ($0.25) dividend. This represents a yield of 2.14%. The ex-dividend date is Thursday, November 3rd.
In other news, insider Browett,John bought 4,534 shares of the business’s stock in a transaction on Tuesday, August 2nd. The stock was acquired at an average price of GBX 860 ($11.23) per share, with a total value of £38,992.40 ($50,897.27). Also, insider Down,Keith bought 5,629 shares of the business’s stock in a transaction on Friday, August 5th. The stock was purchased at an average cost of GBX 865 ($11.29) per share, with a total value of £48,690.85 ($63,556.78).