Dunelm Shares Rise After Deutsche Bank Upgrade to Buy

By EC Assets · Published 3 September 2026

Dunelm Group shares advanced following an upgrade from Deutsche Bank. The London-listed home furnishings retailer's stock rose 4% as Deutsche Bank moved its rating to Buy from Hold. The firm also increased its price target for Dunelm. Deutsche Bank set a new price target of 1,300 GBp for Dunelm Group. This represents an increase from its previous target of 1,160 GBp. The firm indicated that the UK housing market appears to be improving. Dunelm Group is listed on the London Stock Exchange under the ticker DNLM. Investing.com shows Dunelm with a 3.49% gain. The upgrade positions Dunelm in a potentially strengthening UK market. The company operates in the retail sector. The FTUB4040 index, representing the FTSE Supersector Retail, shows a 0.19% decrease. The broader FTMC index, which represents the UK 250, shows a 0.08% increase. Investors will monitor further developments in the UK housing market. Analyst reports and company financial disclosures could provide additional insights into Dunelm's performance. This article is intended for informational purposes only. It does not constitute investment advice.