Jefferies analyst Andrew Wade raised the firm’s price target on Dunelm Group (DNLMY) to 1,180 GBp from 1,120 GBp to reflect the roll-forward to new numbers and an incrementally more positive view of FY24. The firm keeps a Hold rating on the shares, however, given concerns over Home-related spend, and a lack of premium growth to support upside to a premium multiple.
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Read More on DNLMY:
- Dunelm Group (DNLMY) Declares Q4 Dividend: Important Details for Shareholders
- Dunelm Group price target raised to 1,170 GBp from 1,140 GBp at JPMorgan
- Dunelm Group upgraded to Buy from Neutral at UBS
- Dunelm Group price target raised to 1,160 GBp from 1,060 GBp at Deutsche Bank
- Dunelm Group price target raised to 1,470 GBp from 1,410 GBp at Berenberg
