Dunelm Group (LON:DNLM) Price Target Cut to GBX 575 by Analysts at Peel Hunt
Dunelm Group (LON:DNLM) had its price target lowered by Peel Hunt from GBX 620 ($8.25) to GBX 575 ($7.66) in a research note issued to investors on Tuesday, May 29th. Peel Hunt currently has a hold rating on the stock.
A number of other brokerages have also recently weighed in on DNLM. Royal Bank of Canada dropped their price target on Dunelm Group from GBX 575 ($7.66) to GBX 560 ($7.46) and set an underperform rating on the stock in a research report on Friday, February 23rd. Deutsche Bank decreased their target price on Dunelm Group from GBX 685 ($9.12) to GBX 620 ($8.25) and set a hold rating for the company in a research report on Wednesday, February 21st. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 760 ($10.12) price objective on shares of Dunelm Group in a report on Wednesday, February 21st. Canaccord Genuity cut their target price on Dunelm Group from GBX 752 ($10.01) to GBX 714 ($9.51) and set a buy rating on the stock in a report on Thursday, February 22nd. Finally, Citigroup lowered Dunelm Group to a sell rating and dropped their price objective for the stock from GBX 640 ($8.52) to GBX 520 ($6.92) in a research note on Monday, May 28th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 612.08 ($8.15).
Dunelm Group traded up GBX 4 ($0.05), reaching GBX 567.50 ($7.56), during trading hours on Tuesday, Marketbeat reports. 377,433 shares of the stock were exchanged, compared to its average volume of 647,389. Dunelm Group has a 52 week low of GBX 541.50 ($7.21) and a 52 week high of GBX 760 ($10.12).
Dunelm Group Company Profile
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 kids beddings.
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