TOday’s Movers: Dunelm Group (LON:DNLM) Stock Rating Reconfirmed at Nomura; GBX 950.00 Target Price Indicates -3.65% Potential

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Dunelm Group (LON:DNLM) Rating Reaffirmed

London: In a very recent research note revealed to investors and clients on Monday, 7 December, Nomura has reaffirmed their “Neutral” rating on Dunelm Group (LON:DNLM) shares. They now have a GBX 950.00 target on the company. Nomura’s target would suggest a potential downside of -3.65% from the company’s stock price.

From a total of 12 analysts covering Dunelm Group (LON:DNLM) stock, 9 rate it a ”Buy”, 2 a “Sell”, and 3 a ”Hold”. This means that 64% of the ratings are positive. The highest target price is GBX 1045 while the lowest target price is GBX 695. The mean of all analyst targets is GBX 937.5 with a -4.24% below today’s (GBX 987.37) stock price. Dunelm Group was the topic of 27 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Cantor Fitzgerald maintained shares on October 27 with “Buy” rating. Jefferies maintained shares with “Buy” rating and GBX 1025 target share price in a report from an October 2. Numis Securities maintained DNLM stock in a recent report from October 9 with “Add” rating. JP Morgan maintained the rating on September 17. JP Morgan has a “Overweight” rating and a GBX 1000 price target on shares. Finally, Canaccord Genuity maintained the stock with “Buy” rating in a report issued on an October 8.

Approximately 17,372 shares of stock traded hands. Dunelm Group plc (LON:DNLM) has risen 5.23% since May 8, 2015 and is uptrending. It has outperformed by 6.30% the S&P500.

TOday’s Movers: Dunelm Group (LON:DNLM) Stock Rating Reconfirmed at Nomura; GBX 950.00 Target Price Indicates -3.65% Potential

Dunelm Group plc is a United Kingdom homewares retailer. The company has a market cap of 2.00 billion GBP. The Firm operates through retail of homewares in the United Kingdom segment. It has 20.88 P/E ratio. 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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