Berenberg Bank Raises Dunelm Group (LON:DNLM) Price Target to GBX 1,470

Dunelm Group (LON:DNLM) had its target price hoisted by Berenberg Bank from GBX 1,410 ($18.63) to GBX 1,470 ($19.42) in a research report report published on Tuesday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Other research analysts have also issued reports about the stock. Canaccord Genuity Group raised 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. Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and issued a GBX 1,060 ($14.00) price target on shares of Dunelm Group in a research report on Thursday, September 12th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of GBX 1,224.17 ($16.17).

Dunelm Group Trading Down 2.3 %

Shares of DNLM stock opened at GBX 1,212 ($16.01) on Tuesday. Dunelm Group has a 12 month low of GBX 959 ($12.67) and a 12 month high of GBX 1,279 ($16.90). The company has a market cap of £2.45 billion, a PE ratio of 1,637.84, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. 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 business’s 50 day moving average is GBX 1,213.08 and its two-hundred day moving average is GBX 1,120.47.

Dunelm Group Cuts Dividend

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