Investor Outlook: Dunelm Group (LON:DNLM) “Overweight” Rating Has Been Reiterated by JP Morgan Cazenove Today


Dunelm Group (LON:DNLM) Rating Reaffirmed

Dunelm Group (LON:DNLM) stock “Overweight” rating has been kept steady by JP Morgan Cazenove in an analyst note shared with investors on Thursday, 10 December.

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 948.75 with a -0.02% below today’s (GBX 958) stock price. Dunelm Group was the topic of 30 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 10 with “Overweight” rating. Canaccord Genuity maintained shares with “Buy” rating and GBX 996 target share price in a report from an October 8. Nomura maintained DNLM stock in a recent report from December 7 with “Neutral” rating. Jefferies maintained the rating on October 2. Jefferies has a “Buy” rating and a GBX 1025 price target on shares. Finally, Numis Securities maintained the stock with “Add” rating in a report issued on an October 9.

Approximately 14,066 shares of stock traded hands. Dunelm Group plc (LON:DNLM) has risen 3.96% since May 13, 2015 and is uptrending. It has outperformed by 5.89% the S&P500.

Investor Outlook: Dunelm Group (LON:DNLM)

Dunelm Group plc is a United Kingdom homewares retailer. The company has a market cap of 1.96 billion GBP. The Firm operates through retail of homewares in the United Kingdom segment. It has 20.26 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.