Brokerages Set Dunelm Group plc (LON:DNLM) Price Target at GBX 1,211.67

Shares of Dunelm Group plc (LON:DNLM) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 1,214.17 ($15.88).

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,060 ($13.86) price target on shares of Dunelm Group in a research report on Thursday. Canaccord Genuity Group raised their price target on Dunelm Group from GBX 1,250 ($16.35) to GBX 1,325 ($17.33) and gave the stock a “buy” rating in a research note on Saturday, July 20th.

Dunelm Group Stock Performance

Dunelm Group stock opened at GBX 1,204 ($15.74) on Tuesday. 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 firm’s fifty day moving average price is GBX 1,199.71 and its 200-day moving average price is GBX 1,117.27. Dunelm Group has a fifty-two week low of GBX 959 ($12.54) and a fifty-two week high of GBX 1,335.54 ($17.46). The stock has a market cap of £2.43 billion, a P/E ratio of 1,627.03, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 31st will be issued a dividend of GBX 27.50 ($0.36) per share. The ex-dividend date is Thursday, October 31st. This represents a yield of 2.23%. Dunelm Group’s dividend payout ratio (DPR) is presently 5,810.81%.

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.