UKDNLM.LSE▼
Dunelm Group Sees Split Analyst Revisions as UK Consumer Data Softens
Dunelm Group is facing split analyst revisions as UK consumer data softens. Berenberg maintained a Buy rating with a modest price target trim from £13.50 to £13.32, signaling continued confidence. In contrast, Deutsche Bank downgraded the stock to Hold and slashed its target from £12.00 to £8.50, citing weaker consumer confidence and slowing retail spending. The fair value estimate remains unchanged at £11.04 per share, with only minor technical adjustments to growth, margin, and discount rate assumptions.
DNLM.LSE · Capital · Negative Deutsche Bank downgraded to Hold and slashed target from £12.00 to £8.50, citing weaker consumer confidence and slowing retail spending.