Published On: Thu, Sep 15th, 2016

Dunelm Group plc (DNLM) Earns Add Rating from Numis Securities Ltd

Dunelm Group plc (LON:DNLM)‘s stock had its “add” rating reiterated by research analysts at Numis Securities Ltd in a report issued on Thursday. They currently have a GBX 1,000 ($13.32) price objective on the stock. Numis Securities Ltd’s price target points to a potential upside of 12.04% from the company’s previous close.
A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Dunelm Group plc from GBX 1,000 ($13.32) to GBX 890 ($11.85) and set an “overweight” rating for the company in a research report on Tuesday, July 5th. Peel Hunt upgraded shares of Dunelm Group plc to a “buy” rating and set a GBX 1,000 ($13.32) target price for the company in a research report on Tuesday, August 2nd. Canaccord Genuity reiterated a “buy” rating and issued a GBX 875 ($11.65) target price on shares of Dunelm Group plc in a research report on Thursday, July 7th. Royal Bank Of Canada downgraded shares of Dunelm Group plc to a ” underperform” rating and cut their target price for the stock from GBX 900 ($11.99) to GBX 800 ($10.66) in a research report on Monday, July 11th. Finally, Jefferies Group reiterated a “hold” rating and issued a GBX 700 ($9.32) target price on shares of Dunelm Group plc in a research report on Monday, July 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 879.55 ($11.71).
Dunelm Group plc (LON:DNLM) opened at 899.5151 on Thursday. Dunelm Group plc has a 12 month low of GBX 724.00 and a 12 month high of GBX 1,023.00. The stock’s 50 day moving average is GBX 889.19 and its 200 day moving average is GBX 900.38. The company’s market cap is GBX 1.82 billion.

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The company also recently announced a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 3rd will be issued a GBX 19.10 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a yield of 2.14%.
In related news, insider Down,Keith purchased 5,629 shares of the firm’s stock in a transaction on Friday, August 5th. The shares were bought at an average cost of GBX 865 ($11.52) per share, for a total transaction of £48,690.85 ($64,851.96). Also, insider Browett,John purchased 4,534 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The stock was bought at an average price of GBX 860 ($11.45) per share, for a total transaction of £38,992.40 ($51,934.47).
Dunelm Group plc Company Profile
Dunelm Group plc is a United Kingdom-based homewares retailer. The Company operates through retail of homewares in the United Kingdom segment. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions.

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