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Panmure Liberum downgrades Dunelm to 'sell' as growth plan raises doubts

Source: proactiveinvestors.co.uk

Analyst InsightsConsumer Demand & Retail
Panmure Liberum downgrades Dunelm to 'sell' as growth plan raises doubts

Panmure Liberum downgraded Dunelm Group to sell from hold and cut its target price to 590p from 820p. The new target implies roughly 20% downside from Dunelm's 734p closing share price on Wednesday, creating a negative near-term catalyst for the homewares retailer's shares.

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