Analysts Set Dunelm Group plc (LON:DNLM) PT at GBX 1,245

Dunelm Group plc (LON:DNLM) has earned a consensus recommendation of “Hold” from the five research firms that are presently covering the company, MarketBeat.com reports. Three 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 brokerages that have issued ratings on the stock in the last year is GBX 1,245 ($15.65).

DNLM has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 1,060 ($13.32) price target on shares of Dunelm Group in a research report on Thursday, September 12th. Berenberg Bank boosted their price target on Dunelm Group from GBX 1,410 ($17.72) to GBX 1,470 ($18.48) and gave the stock a “buy” rating in a research report on Tuesday, September 17th. JPMorgan Chase & Co. boosted their price target on Dunelm Group from GBX 1,140 ($14.33) to GBX 1,170 ($14.71) and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,325 ($16.66) price target on shares of Dunelm Group in a research report on Thursday, October 24th. Finally, Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research note on Thursday, October 24th.

Dunelm Group Trading Down 0.5 %

Shares of DNLM stock opened at GBX 1,131 ($14.22) on Friday. 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 has a 1 year low of GBX 959 ($12.06) and a 1 year high of GBX 1,279 ($16.08). The stock has a fifty day moving average of GBX 1,165.92 and a two-hundred day moving average of GBX 1,150.72. The firm has a market capitalization of £2.29 billion, a PE ratio of 1,528.38, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st were paid a GBX 27.50 ($0.35) dividend. This represents a dividend yield of 2.23%. The ex-dividend date was Thursday, October 31st. Dunelm Group’s dividend payout ratio is presently 5,945.95%.

Insider Transactions at Dunelm Group

In other news, insider Nick Wilkinson sold 28,236 shares of the business’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 1,161 ($14.59), for a total transaction of £327,819.96 ($412,092.97). Also, insider Karen Witts bought 8,375 shares of the business’s stock in a transaction dated Thursday, October 31st. The shares were bought at an average cost of GBX 1,126 ($14.15) per share, for a total transaction of £94,302.50 ($118,544.94). Company insiders own 34.28% of the company’s stock.

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.