HSBC initiates Dunelm Group at 'buy'
22nd Sep 2016 08:49
(ShareCast News) - Dunelm Group's shares rose on Thursday as HSBC initiated the stock at a 'buy' rating and target price of 1,000p. HSBC said the home furnishings retailer has strong management and an attractive business model with high margins, cash flow and returns. "It is the leading UK homeware
Read moreBroker tips: Dunelm, Hargreaves Lansdown, CCH
15th Sep 2016 15:51
(ShareCast News) - Canaccord Genuity on Thursday lowered its rating on Dunelm to 'hold' from 'buy' but raised its target price to 920p from 875p after the homeware retailer reported its full year results. The broker said there are short-term costs for Dunelm ahead of delivering its long-term objecti
Read moreThursday broker round-up
15th Sep 2016 13:57
(ShareCast News) - Sanne Group: Berenberg reiterates buy with a target price of 600p. Vodafone: Barclays reiterates overweight, 260p target. Petrofac: Jefferies downgrades to hold with a 800p target. Anglo American: JP Morgan reiterates overweight with a 1150p target. RPC Group: Berenberg stays a
Read moreCanaccord cuts Dunelm to 'hold' from 'buy'
15th Sep 2016 09:24
(ShareCast News) - Canaccord Genuity on Thursday lowered its rating on Dunelm to 'hold' from 'buy' but raised its target price to 920p from 875p after the homeware retailer reported its full year results. The broker said there are short-term costs for Dunelm ahead of delivering its long-term objecti
Read moreDunelm full-year profit up as market share grows
14th Sep 2016 07:22
(ShareCast News) - FTSE 250 homeware retailer Dunelm reported a rise in full-year profit as revenue increased and the company grew its market share despite the growth of new competition, particularly online. In the 52 weeks to 2 July, pre-tax profit rose to £128.9m from £121.4m in the 52 weeks to 27
Read moreSunday share tips: Dunelm Group, Green REIT, Redx Pharma
11th Sep 2016 15:25
(ShareCast News) - Buy shares in Dunelm Group, said the Sunday Times' Inside the City column. On Wednesday the home furnishings retailer is due to publish its first annual results under new chief executive John Browett. In the final three months of the year the FSTE 250 company - a sort of cut-price
Read moreMonday broker round-up
18th Jul 2016 13:20
(ShareCast News) - Experian: Barclays reiterates overweight with a target price of 1,550p. Rentokil: HSBC upgrades to hold with a 190p target. Card Factory: UBS reiterates buy with a 295p target. Capital & Regional: HSBC starts coverage at buy with a 61p target. Unilever: Goldman Sachs reiterates
Read moreDunelm delivers steady year-end update despite homewares decline
7th Jul 2016 07:55
(ShareCast News) - A trading update from homewares retailer Dunelm showed steady growth for the year to 2 July, with pre-tax profit remaining on course to hit targets of around a £128-129m range. Chief executive John Browett said it was another solid performance, "particularly given the more difficu
Read moreDirector dealings: Dunelm chairman goes on shopping trip
16th May 2016 12:30
(ShareCast News) - Dunelm Group chairman Andy Harrison picked up almost £0.5m worth of shares in the company, which are trading only around 10% short of their all-time high. Harrison, the former Whitbread chief executive who joined the board two years ago, bought 54,700 shares at a price of 907p
Read moreRetail sales fall in April as cold hits footwear and fashion, says BRC-KPMG
10th May 2016 10:27
(ShareCast News) - British retail sales in April fell on a like-for-like basis compared to last year, with non-food sales outweighing positive food sales. The monthly Retail Sales Monitor (RSM) from the British Retail Consortium (BRC) and KPMG showed total sales were flat for a second month in a row
Read moreDunelm founding family sell shares to institutions
13th Apr 2016 09:00
(ShareCast News) - Dunelm's deputy chairman Will Adderley, son of founder Bill, has sold 4% of the home furnishing retailer's shares just weeks after its solid third-quarter results. Adderley sold 8m shares to institutional investors in a placing managed by UBS and Stifel Nicolaus Europe. A stateme
Read moreBroker tips: Direct Line, Dunelm, Aggreko
11th Apr 2016 11:45
(ShareCast News) - Barclays downgraded Direct Line Insurance to 'equalweight' from 'overweight' and cut the price target to 369p from 443p as it took a look at UK motor insurers. The bank noted Direct Line has been one of the best performing insurance stocks since its IPO in 2012, more than doubling
Read moreCanaccord leaves Dunelm at 'hold' but raises target price
11th Apr 2016 09:42
(ShareCast News) - Canaccord Genuity kept Dunelm at a 'hold' rating but raised its target price to 950p from 910p, saying it has "long traded at a significant premium to the wider sector". The home furnishing retailer on 7 April reported third quarter revenue growth of 5.9%. Total like-for-like (LFL
Read moreThursday broker round-up
7th Apr 2016 15:32
(ShareCast News) - Zoopla: UBS downgrades to neutral with a target price of 260p. Caledonia Mining: Panmure Gordon downgrades to hold, 61p target. Burberry: RBC downgrades underperform with a target price of 1300p, JP Morgan reiterates neutral with a target of 1400p and UBS keeps at buy with a targ
Read moreLondon pre-open: Slightly higher start expected
7th Apr 2016 07:08
(ShareCast News) - Stocks were expected to start the morning higher, tracking strong gains on Wall Street in the wake of the latest set of Federal Reserve meeting minutes which revealed deep divisions among the US central bank's rate-setters. The FTSE 100 was being called to start the day up by eigh
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