Free Trial

Shore Capital Reaffirms Not Rated Rating for Dunelm Group (LON:DNLM)

Dunelm Group logo with Consumer Cyclical background

Shore Capital reissued their not rated rating on shares of Dunelm Group (LON:DNLM - Free Report) in a research note released on Thursday morning, Marketbeat reports.

A number of other equities research analysts have also recently issued reports on DNLM. JPMorgan Chase & Co. raised their target price on Dunelm Group from GBX 1,140 ($14.80) to GBX 1,170 ($15.19) and gave the company a "neutral" rating in a research note on Tuesday, September 24th. Berenberg Bank lifted their price objective on shares of Dunelm Group from GBX 1,410 ($18.31) to GBX 1,470 ($19.09) and gave the company a "buy" rating in a research report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 1,060 ($13.76) target price on shares of Dunelm Group in a research note on Thursday, September 12th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a GBX 1,325 ($17.20) price target on shares of Dunelm Group in a research note on Tuesday, September 17th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Dunelm Group has an average rating of "Hold" and an average price target of GBX 1,220.83 ($15.85).

Get Our Latest Report on DNLM

Dunelm Group Stock Performance

Shares of LON DNLM traded up GBX 6 ($0.08) during midday trading on Thursday, hitting GBX 1,199 ($15.57). The company's stock had a trading volume of 185,871 shares, compared to its average volume of 348,357. The firm has a market cap of £2.42 billion, a P/E ratio of 1,616.22, a P/E/G ratio of -10.32 and a beta of 1.18. Dunelm Group has a 1-year low of GBX 959 ($12.45) and a 1-year high of GBX 1,279 ($16.61). The firm's fifty day moving average price is GBX 1,209.81 and its 200-day moving average price is GBX 1,132.22. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

Dunelm Group Cuts Dividend

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

Insider Buying and Selling at Dunelm Group

In related news, insider Luisa Wright acquired 2,452 shares of the company's stock in a transaction on Wednesday, October 2nd. The shares were purchased at an average price of GBX 1,139 ($14.79) per share, for a total transaction of £27,928.28 ($36,261.08). Company insiders own 34.28% of the company's stock.

About Dunelm Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Dunelm Group (LON:DNLM)

Should you invest $1,000 in Dunelm Group right now?

Before you consider Dunelm Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dunelm Group wasn't on the list.

While Dunelm Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Alphabet Gaining Momentum: Can It Reach $200 by December?

Alphabet Gaining Momentum: Can It Reach $200 by December?

Alphabet (GOOGL) is in the midst of a year-end rally, climbing 10% since September, and some analysts predict it could gain another 30% by Christmas!

Recent Videos

ISRG Stock Surges: AI and Healthcare Innovation at the Core
Energy Vault’s 100% Stock Jump: CEO Discusses $350M Project in Australia in MarketBeat CEO Series
Market Shifts After Election: What Stocks Could Benefit Most?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines