Dunelm Group (LON:DNLM) Given New GBX 1,170 Price Target at JPMorgan Chase & Co.

Dunelm Group (LON:DNLM) had its price objective increased by JPMorgan Chase & Co. from GBX 1,140 ($15.27) to GBX 1,170 ($15.67) in a report released on Tuesday morning, MarketBeat reports. They currently have a neutral rating on the stock.

Other analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a hold rating and issued a GBX 1,060 ($14.19) price objective on shares of Dunelm Group in a research note on Thursday, September 12th. Berenberg Bank boosted their target price on shares of Dunelm Group from GBX 1,410 ($18.88) to GBX 1,470 ($19.68) and gave the company a buy rating in a research report on Tuesday, September 17th. Finally, Canaccord Genuity Group restated a buy rating and issued a GBX 1,325 ($17.74) target price on shares of Dunelm Group in a research report on Tuesday, September 17th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Dunelm Group has a consensus rating of Hold and a consensus price target of GBX 1,220.83 ($16.35).

Dunelm Group Price Performance

Shares of Dunelm Group stock opened at GBX 1,178 ($15.77) on Tuesday. Dunelm Group has a twelve month low of GBX 959 ($12.84) and a twelve month high of GBX 1,279 ($17.13). The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The company has a 50-day simple moving average of GBX 1,216.49 and a two-hundred day simple moving average of GBX 1,121.06. The stock has a market capitalization of £2.38 billion, a price-to-earnings ratio of 1,591.89, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, November 26th. Investors of record on Thursday, October 31st will be given a dividend of GBX 27.50 ($0.37) per share. This represents a yield of 2.23%. The ex-dividend date of this dividend is Thursday, October 31st. Dunelm Group’s dividend payout ratio is 5,945.95%.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.