Shares of Dunelm Group plc (LON:DNLM – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,121.86 ($15.01) and traded as high as GBX 1,165.56 ($15.59). Dunelm Group shares last traded at GBX 1,148 ($15.36), with a volume of 180,008 shares traded.
Analyst Ratings Changes
Several research firms have recently weighed in on DNLM. Berenberg Bank increased their price target on shares of Dunelm Group from GBX 1,410 ($18.86) to GBX 1,470 ($19.66) and gave the company a “buy” rating in a research note on Tuesday, September 17th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($17.72) target price on shares of Dunelm Group in a research note on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,060 ($14.18) target price on shares of Dunelm Group in a research report on Thursday, September 12th. Finally, JPMorgan Chase & Co. increased their price target on Dunelm Group from GBX 1,140 ($15.25) to GBX 1,170 ($15.65) and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 1,220.83 ($16.33).
Get Our Latest Analysis on Dunelm Group
Dunelm Group Stock Up 1.1 %
Dunelm Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Tuesday, November 26th. Investors of record on Thursday, October 31st will be issued 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 (DPR) is 5,945.95%.
Insider Buying and Selling at Dunelm Group
In other Dunelm Group news, insider Luisa Wright purchased 2,452 shares of Dunelm Group stock in a transaction dated Wednesday, October 2nd. The shares were acquired at an average price of GBX 1,139 ($15.24) per share, with a total value of £27,928.28 ($37,357.25). 34.28% of the stock is currently owned by corporate insiders.
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.
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