Dunelm Group downgraded to Underperform from Sector Perform at RBC Capital

RBC Capital downgraded Dunelm Group to Underperform from Sector Perform with a price target of 1,000 GBp, down from 1,300 GBp. With cost of living pressures persisting, unfavorable movements in the U.K. housing market and only a “moderate store expansion story,” Dunelm’s growth “will be more difficult to come by now,” the analyst tells investors in a research note.