Dunelm Group plc (LON:DNLM) Receives GBX 1,220.83 Average Target Price from Analysts

Shares of Dunelm Group plc (LON:DNLM) have been assigned a consensus recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 1,220.83 ($15.83).

Several research firms recently commented on DNLM. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($17.18) price objective on shares of Dunelm Group in a research report on Thursday, October 24th. JPMorgan Chase & Co. boosted their price objective on shares of Dunelm Group from GBX 1,140 ($14.78) to GBX 1,170 ($15.17) and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,060 ($13.75) target price on shares of Dunelm Group in a report on Thursday, September 12th. Finally, Berenberg Bank upped their target price on shares of Dunelm Group from GBX 1,410 ($18.29) to GBX 1,470 ($19.06) and gave the company a “buy” rating in a report on Tuesday, September 17th.

Dunelm Group Price Performance

Dunelm Group stock opened at GBX 1,126 ($14.60) on Wednesday. Dunelm Group has a 52 week low of GBX 959 ($12.44) and a 52 week high of GBX 1,279 ($16.59). 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 firm’s 50-day simple moving average is GBX 1,200.91 and its 200 day simple moving average is GBX 1,136. The firm has a market capitalization of £2.28 billion, a PE ratio of 1,521.62, a P/E/G ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 31st will be issued a GBX 27.50 ($0.36) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 2.23%. Dunelm Group’s dividend payout ratio (DPR) is 5,945.95%.

Insider Buying and Selling at Dunelm Group

In other news, insider Nick Wilkinson sold 28,236 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($15.06), for a total transaction of £327,819.96 ($425,132.88). In other news, insider Nick Wilkinson sold 28,236 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($15.06), for a total transaction of £327,819.96 ($425,132.88). Also, insider Karen Witts acquired 8,375 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were bought at an average cost of GBX 1,126 ($14.60) per share, with a total value of £94,302.50 ($122,296.07). 34.28% of the stock is owned by insiders.

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.