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).
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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
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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.
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