Canaccord Genuity Group Reaffirms “Buy” Rating for Dunelm Group (LON:DNLM)

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 1,270 ($15.69) price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 29.33% from the stock’s current price.

Other analysts have also issued research reports about the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,325 ($16.37) price target on shares of Dunelm Group in a research note on Thursday, October 24th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,430 ($17.67) target price on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,242.50 ($15.35).

Dunelm Group Stock Performance

Shares of LON:DNLM opened at GBX 982 ($12.14) on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The company has a 50-day moving average price of GBX 1,040.81 and a 200-day moving average price of GBX 1,135.86. The company has a market cap of £1.99 billion, a price-to-earnings ratio of 1,327.03, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12 month low of GBX 936.98 ($11.58) and a 12 month high of GBX 1,279 ($15.81).

Dunelm Group (LON:DNLM) last released its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.56) EPS for the quarter. Dunelm Group had a return on equity of 109.80% and a net margin of 8.86%. As a group, equities analysts anticipate that Dunelm Group will post 77.0957096 EPS for the current year.

Dunelm Group Company Profile

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.