Brokerages Set Dunelm Group plc (LON:DNLM) PT at GBX 1,245

Shares of Dunelm Group plc (LON:DNLM) have been given a consensus rating of “Hold” by the five brokerages that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 1,245 ($15.86).

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,060 ($13.50) target price on shares of Dunelm Group in a research report on Thursday, September 12th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of Dunelm Group from GBX 1,140 ($14.52) to GBX 1,170 ($14.90) and gave the company a “neutral” rating in a report on Tuesday, September 24th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($16.88) target price on shares of Dunelm Group in a research note on Thursday, October 24th. Finally, Berenberg Bank increased their target price on Dunelm Group from GBX 1,410 ($17.96) to GBX 1,470 ($18.72) and gave the company a “buy” rating in a research note on Tuesday, September 17th.

Insider Activity

In other Dunelm Group news, insider Nick Wilkinson sold 28,236 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.79), for a total transaction of £327,819.96 ($417,551.85). Also, insider Karen Witts acquired 8,375 shares of the business’s stock in a transaction dated Thursday, October 31st. The shares were bought at an average cost of GBX 1,126 ($14.34) per share, for a total transaction of £94,302.50 ($120,115.27). Corporate insiders own 34.28% of the company’s stock.

Dunelm Group Price Performance

Shares of LON DNLM opened at GBX 1,144 ($14.57) on Friday. The business’s 50 day moving average price is GBX 1,159.92 and its two-hundred day moving average price is GBX 1,152.20. The company has a market cap of £2.31 billion, a PE ratio of 1,545.95, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. Dunelm Group has a twelve month low of GBX 959 ($12.22) and a twelve month high of GBX 1,279 ($16.29). The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, November 26th. Investors of record on Thursday, October 31st were paid a GBX 27.50 ($0.35) dividend. This represents a yield of 2.23%. The ex-dividend date of this dividend was Thursday, October 31st. 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.