Canaccord Genuity downgraded shares of Dunelm Group plc (LON:DNLM) to a hold rating in a report released on Thursday morning. Canaccord Genuity currently has GBX 920 ($12.01) target price on the stock, up from their previous target price of GBX 875 ($11.42).
Other equities analysts have also issued reports about the stock. Peel Hunt reduced their target price on shares of Dunelm Group plc from GBX 1,000 ($13.05) to GBX 900 ($11.75) and set an add rating on the stock in a research report on Thursday, July 7th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 890 ($11.62) target price on shares of Dunelm Group plc in a research report on Monday, July 11th. Royal Bank Of Canada reiterated an underperform rating and set a GBX 800 ($10.44) target price on shares of Dunelm Group plc in a research report on Monday, July 18th. Jefferies Group reiterated a hold rating and set a GBX 700 ($9.14) target price on shares of Dunelm Group plc in a research report on Monday, July 11th. Finally, Numis Securities Ltd reiterated an add rating and set a GBX 1,000 ($13.05) target price on shares of Dunelm Group plc in a research report on Thursday, September 15th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 883.64 ($11.53).
Dunelm Group plc (LON:DNLM) opened at 871.50 on Thursday. The company has a 50-day moving average of GBX 892.82 and a 200-day moving average of GBX 897.17. Dunelm Group plc has a 1-year low of GBX 724.00 and a 1-year high of GBX 1,023.00. The firm’s market cap is GBX 1.76 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 of this dividend is Thursday, November 3rd.
In other news, insider Down,Keith bought 5,629 shares of the stock in a transaction on Friday, August 5th. The stock was purchased at an average price of GBX 865 ($11.29) per share, with a total value of £48,690.85 ($63,556.78). Also, insider Browett,John bought 4,534 shares of the stock in a transaction on Tuesday, August 2nd. The stock was purchased at an average cost of GBX 860 ($11.23) per share, with a total value of £38,992.40 ($50,897.27).
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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