Jefferies raised the firm’s price target on Dunelm (DNLMY) to 1,131 GBp from 1,115 GBp and keeps a Hold rating on the shares following the company’s Q1 earnings report and reaffirmed FY26 profit-before-tax guidance. The firm still remains cautious about Dunelm’s “ability to deliver the premium growth required to justify meaningful multiple upside,” but finds the improved margin outlook and solid trading momentum “reassuring.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DNLMY:
- Dunelm upgraded to Outperform from Sector Perform at RBC Capital
- Dunelm price target raised to 1,240 GBp from 1,140 GBp at JPMorgan
- Dunelm price target lowered to 1,140 GBp from 1,225 GBp at JPMorgan
- Dunelm Group: Balanced Outlook with Growth and Uncertainty Leading to Hold Rating
- Dunelm Group’s Earnings Call Highlights Growth and Challenges