Dunelm Group plc (DNLM) Given Average Recommendation of “Hold” by Brokerages

Shares of Dunelm Group plc (LON:DNLM) have earned an average rating of “Hold” from the nine brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 616.88 ($8.06).

Several research firms have weighed in on DNLM. Royal Bank of Canada lifted their price objective on shares of Dunelm Group from GBX 600 ($7.84) to GBX 650 ($8.49) and gave the stock an “underperform” rating in a research report on Monday, February 18th. UBS Group lifted their price objective on shares of Dunelm Group from GBX 650 ($8.49) to GBX 810 ($10.58) and gave the stock a “buy” rating in a research report on Friday, February 15th. Peel Hunt restated a “buy” rating on shares of Dunelm Group in a report on Wednesday, February 13th. HSBC boosted their price target on shares of Dunelm Group from GBX 500 ($6.53) to GBX 520 ($6.79) and gave the company a “hold” rating in a report on Thursday, January 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Dunelm Group from GBX 600 ($7.84) to GBX 635 ($8.30) and gave the company a “neutral” rating in a report on Tuesday, January 8th.

LON DNLM traded down GBX 0.50 ($0.01) on Friday, hitting GBX 873 ($11.41). 712,135 shares of the stock were exchanged, compared to its average volume of 647,389. Dunelm Group has a 52-week low of GBX 460.60 ($6.02) and a 52-week high of GBX 876.50 ($11.45). The company has a debt-to-equity ratio of 60.83, a quick ratio of 0.32 and a current ratio of 1.47. The stock has a market cap of $1.76 billion and a price-to-earnings ratio of 21.04.

The business also recently declared a dividend, which will be paid on Friday, April 12th. Stockholders of record on Thursday, March 14th will be issued a dividend of GBX 7.50 ($0.10) per share. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, March 14th. Dunelm Group’s dividend payout ratio is currently 0.36%.

About Dunelm Group

Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and baby and kids beddings.

Further Reading: What is the return on assets formula?

Analyst Recommendations for Dunelm Group (LON:DNLM)

Receive News & Ratings for Dunelm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunelm Group and related companies with MarketBeat.com's FREE daily email newsletter.