Shore Capital reissued their not rated rating on shares of Dunelm Group (LON:DNLM – Free Report) in a research report report published on Thursday, MarketBeat reports.
A number of other research analysts have also weighed in on DNLM. JPMorgan Chase & Co. raised their target price on shares of Dunelm Group from GBX 1,140 ($14.80) to GBX 1,170 ($15.19) and gave the company a “neutral” rating in a report on Tuesday, September 24th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($17.20) price objective on shares of Dunelm Group in a research note on Tuesday, September 17th. Berenberg Bank upped their target price 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. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,060 ($13.76) price target on shares of Dunelm Group in a research report on Thursday, September 12th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 1,220.83 ($15.85).
Read Our Latest Research Report on Dunelm Group
Dunelm Group Stock Performance
Dunelm Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be paid 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 currently 5,945.95%.
Insider Transactions at Dunelm Group
In related news, insider Luisa Wright acquired 2,452 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was bought 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.
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.
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