Dunelm Group (LON:DNLM) Given Buy Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Dunelm Group (LON:DNLM) in a research note released on Thursday, Digital Look reports. The brokerage currently has a GBX 1,410 ($17.55) price target on the stock.

Separately, Jefferies Financial Group reiterated a hold rating and set a GBX 1,200 ($14.94) price target on shares of Dunelm Group in a report on Thursday. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of Hold and an average price target of GBX 1,207.50 ($15.03).

Dunelm Group Price Performance

Shares of LON DNLM opened at GBX 982.63 ($12.23) on Thursday. The company has a 50 day simple moving average of GBX 1,108.39 and a two-hundred day simple moving average of GBX 1,077.65. Dunelm Group has a fifty-two week low of GBX 964.87 ($12.01) and a fifty-two week high of GBX 1,335.54 ($16.63). The company has a debt-to-equity ratio of 169.49, a quick ratio of 0.16 and a current ratio of 1.06. The company has a market capitalization of £1.99 billion, a price-to-earnings ratio of 1,348.63, a P/E/G ratio of -10.32 and a beta of 1.09.

Dunelm Group Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 9th. Shareholders of record on Thursday, March 14th were given a GBX 51 ($0.63) dividend. The ex-dividend date was Thursday, March 14th. This is an increase from Dunelm Group’s previous dividend of $27.00. This represents a yield of 4.7%. Dunelm Group’s dividend payout ratio (DPR) is presently 5,890.41%.

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.