Analysts Set Dunelm Group plc (LON:DNLM) Target Price at GBX 1,220.83

Dunelm Group plc (LON:DNLM - Get Free Report) has been given a consensus rating of "Hold" by the six analysts that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 1,220.83 ($15.83).

DNLM has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 1,060 ($13.75) price objective on shares of Dunelm Group in a report on Thursday, September 12th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,325 ($17.18) target price on shares of Dunelm Group in a research note on Thursday, October 24th. Shore Capital reaffirmed a "not rated" rating on shares of Dunelm Group in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their price target 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. Finally, Berenberg Bank boosted their price objective on Dunelm Group from GBX 1,410 ($18.29) to GBX 1,470 ($19.06) and gave the stock a "buy" rating in a research note on Tuesday, September 17th.

Dunelm Group Stock Up 0.2 %

LON DNLM traded up GBX 2 ($0.03) on Wednesday, hitting GBX 1,159 ($15.03). The stock had a trading volume of 237,501 shares, compared to its average volume of 348,428. Dunelm Group has a 52-week low of GBX 959 ($12.44) and a 52-week high of GBX 1,279 ($16.59). The stock has a market cap of £2.34 billion, a price-to-earnings ratio of 1,567.57, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The business's fifty day moving average price is GBX 1,206.83 and its 200 day moving average price is GBX 1,134.88.

Dunelm Group Cuts Dividend

The business also recently declared 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 ($0.36) per share. This represents a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, October 31st. Dunelm Group's dividend payout ratio is presently 5,945.95%.

Insider Buying and Selling at Dunelm Group

In other Dunelm Group news, insider Luisa Wright bought 2,452 shares of Dunelm Group stock in a transaction on Wednesday, October 2nd. The stock was bought at an average price of GBX 1,139 ($14.77) per share, with a total value of £27,928.28 ($36,218.75). In other news, insider Luisa Wright bought 2,452 shares of the firm's stock in a transaction on Wednesday, October 2nd. The shares were bought at an average cost of GBX 1,139 ($14.77) per share, for a total transaction of £27,928.28 ($36,218.75). Also, insider Nick Wilkinson sold 28,236 shares of the stock in a transaction that occurred on 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). 34.28% of the stock is 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.