Dunelm Group (LON:DNLM) PT Raised to GBX 1,170

Dunelm Group (LON:DNLM - Free Report) had its target price raised by JPMorgan Chase & Co. from GBX 1,140 ($15.27) to GBX 1,170 ($15.67) in a report published on Tuesday morning, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other brokerages also recently commented on DNLM. Canaccord Genuity Group restated a buy rating and issued a GBX 1,325 ($17.74) target price on shares of Dunelm Group in a research note on Tuesday, September 17th. Berenberg Bank raised their target price on Dunelm Group from GBX 1,410 ($18.88) to GBX 1,470 ($19.68) and gave the company a buy rating in a research note on Tuesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and issued a GBX 1,060 ($14.19) price target on shares of Dunelm Group in a research report on Thursday, September 12th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of Hold and a consensus price target of GBX 1,220.83 ($16.35).

Dunelm Group Trading Down 6.3 %

Dunelm Group stock traded down GBX 78 ($1.04) during trading hours on Tuesday, reaching GBX 1,157 ($15.49). 970,814 shares of the company's stock were exchanged, compared to its average volume of 350,661. 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 1,216.14 and its 200 day simple moving average is GBX 1,120.49. Dunelm Group has a twelve month low of GBX 959 ($12.84) and a twelve month high of GBX 1,279 ($17.13). The firm has a market capitalization of £2.34 billion, a PE ratio of 1,563.51, a PEG 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 given a dividend of GBX 27.50 ($0.37) per share. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 2.23%. Dunelm Group's dividend payout ratio is currently 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.