Dunelm Group (LON:DNLM) Price Target Raised to GBX 1,470

Dunelm Group (LON:DNLM) had its price objective raised by Berenberg Bank from GBX 1,410 ($18.63) to GBX 1,470 ($19.42) in a research note released on Tuesday, MarketBeat reports. They currently have a buy rating on the stock.

Several other research firms have also recently commented on DNLM. Deutsche Bank Aktiengesellschaft restated a hold rating and set a GBX 1,060 ($14.00) price target on shares of Dunelm Group in a report on Thursday, September 12th. Canaccord Genuity Group lifted their target price on shares of Dunelm Group from GBX 1,250 ($16.51) to GBX 1,325 ($17.50) and gave the company a buy rating in a research note on Saturday, July 20th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dunelm Group currently has an average rating of Hold and a consensus target price of GBX 1,224.17 ($16.17).

Dunelm Group Trading Down 2.3 %

Shares of LON DNLM opened at GBX 1,212 ($16.01) on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. Dunelm Group has a one year low of GBX 959 ($12.67) and a one year high of GBX 1,279 ($16.90). The business has a 50-day moving average price of GBX 1,213.08 and a two-hundred day moving average price of GBX 1,120.47. The firm has a market capitalization of £2.45 billion, a PE ratio of 1,637.84, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 27.50 ($0.36) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 2.23%. Dunelm Group’s dividend payout ratio (DPR) is 5,945.95%.

About Dunelm Group

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.