HSBC reaffirmed their buy rating on shares of Dunelm Group plc (LON:DNLM) in a research report sent to investors on Monday morning. HSBC currently has a GBX 1,050 ($13.00) price objective on the stock.
Other equities analysts have also issued reports about the stock. Canaccord Genuity lowered shares of Dunelm Group plc to a hold rating and boosted their target price for the company from GBX 875 ($10.83) to GBX 920 ($11.39) in a report on Thursday, September 15th. Royal Bank Of Canada downgraded shares of Dunelm Group plc to a underperform rating and reduced their price target for the company from GBX 900 ($11.14) to GBX 800 ($9.90) in a research note on Monday, July 11th. Peel Hunt reissued an add rating on shares of Dunelm Group plc in a research note on Wednesday, July 20th. Numis Securities Ltd reissued an add rating and issued a GBX 1,000 ($12.38) price target on shares of Dunelm Group plc in a research note on Thursday, September 15th. Finally, Jefferies Group reissued a hold rating and issued a GBX 700 ($8.66) price target on shares of Dunelm Group plc in a research note on Monday, July 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. Dunelm Group plc currently has an average rating of Hold and an average target price of GBX 897.50 ($11.11).
Dunelm Group plc (LON:DNLM) opened at 800.6505 on Monday. The stock’s market capitalization is GBX 1.62 billion. 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 876.28 and its 200-day moving average is GBX 886.37.
The firm also recently announced a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 3rd will be paid a dividend of GBX 19.10 ($0.24) per share. This represents a yield of 2.14%. The ex-dividend date of this dividend is Thursday, November 3rd.
In other Dunelm Group plc news, insider William Reeve bought 2,500 shares of the business’s stock in a transaction that occurred on Thursday, October 6th. The shares were purchased at an average cost of GBX 823 ($10.19) per share, with a total value of £20,575 ($25,464.11). Also, insider Browett,John bought 4,534 shares of the business’s stock in a transaction that occurred on Tuesday, August 2nd. The shares were acquired at an average cost of GBX 860 ($10.64) per share, for a total transaction of £38,992.40 ($48,257.92).
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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