HSBC Holdings plc Reiterates Hold Rating for Dunelm Group plc (LON:DNLM)

HSBC Holdings plc restated their hold rating on shares of Dunelm Group plc (LON:DNLM) in a research note published on Friday morning. The firm currently has a GBX 600 ($7.83) price objective on the stock.

Other equities analysts have also recently issued research reports about the company. Deutsche Bank AG lowered their target price on Dunelm Group plc from GBX 865 ($11.30) to GBX 730 ($9.53) and set a hold rating on the stock in a research note on Thursday, April 13th. Canaccord Genuity lowered their target price on Dunelm Group plc from GBX 798 ($10.42) to GBX 752 ($9.82) and set a buy rating on the stock in a research note on Monday, July 10th. Jefferies Group LLC reaffirmed an underperform rating and set a GBX 515 ($6.72) target price on shares of Dunelm Group plc in a research note on Wednesday, July 5th. Peel Hunt lowered their target price on Dunelm Group plc from GBX 750 ($9.79) to GBX 620 ($8.10) and set a hold rating on the stock in a research note on Wednesday, April 12th. Finally, Barclays PLC assumed coverage on Dunelm Group plc in a research note on Thursday, March 30th. They set an overweight rating and a GBX 730 ($9.53) target price on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 698.36 ($9.12).

Shares of Dunelm Group plc (DNLM) traded down 0.51% on Friday, hitting GBX 586.00. 132,734 shares of the stock traded hands. The stock’s market cap is GBX 1.18 billion. The company’s 50 day moving average is GBX 600.00 and its 200 day moving average is GBX 636.85. Dunelm Group plc has a one year low of GBX 541.50 and a one year high of GBX 943.00.

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In other news, insider Simon Emeny purchased 2,685 shares of Dunelm Group plc stock in a transaction dated Monday, July 17th. The stock was acquired at an average cost of GBX 556 ($7.26) per share, for a total transaction of £14,928.60 ($19,494.12). Also, insider John Browett purchased 9,098 shares of Dunelm Group plc stock in a transaction dated Wednesday, July 12th. The shares were purchased at an average price of GBX 547 ($7.14) per share, with a total value of £49,766.06 ($64,985.71). Over the last quarter, insiders have bought 14,783 shares of company stock valued at $8,146,466.

Dunelm Group plc Company Profile

Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.