Dunelm Group plc (LON:DNLM) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Dunelm Group plc (LON:DNLM) have been given an average rating of “Hold” by the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 782 ($10.22).
Several research firms recently commented on DNLM. Peel Hunt restated an “add” rating on shares of Dunelm Group in a report on Monday, July 15th. Royal Bank of Canada raised their price target on shares of Dunelm Group from GBX 650 ($8.49) to GBX 750 ($9.80) and gave the stock an “underperform” rating in a report on Wednesday, April 17th. Peel Hunt restated an “add” rating and set a GBX 1,000 ($13.07) price target on shares of Dunelm Group in a report on Thursday, June 20th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 785 ($10.26) price target on shares of Dunelm Group in a report on Wednesday, June 26th. Finally, UBS Group restated a “neutral” rating on shares of Dunelm Group in a report on Friday, July 5th.
In other Dunelm Group news, insider Laura Carr acquired 11,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th. The shares were purchased at an average price of GBX 875 ($11.43) per share, with a total value of £96,250 ($125,767.67). Also, insider Ian Bull acquired 4,000 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The shares were acquired at an average cost of GBX 879 ($11.49) per share, for a total transaction of £35,160 ($45,942.77).
About Dunelm Group
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 baby and kids beddings.
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