Dunelm shares slide 4.4% after investment bank downgrades. Says good news may be priced in

  • Shares in Dunelm Group PLC (LSENLM) fell 4.4% on Monday after RBC Capital Markets downgraded the homewares retailer from ‘outperform' to ‘sector perform', warning that much of the good news may already be priced into the shares. The analysts praised Dunelm's solid track record, cash generation, and market positioning, but said the shares, up over 20% in the past three months, now look fairly valued.