Dunelm Group plc (LON:DNLM) Given Consensus Recommendation of “Hold” by Brokerages

Dunelm Group plc (LON:DNLM) has received a consensus recommendation of “Hold” from the six brokerages that are presently covering the company, Marketbeat reports. Four equities research 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 brokers that have covered the stock in the last year is GBX 1,220.83 ($15.83).

DNLM has been the subject of a number of recent analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,325 ($17.18) price objective on shares of Dunelm Group in a research report on Thursday, October 24th. JPMorgan Chase & Co. boosted their price target on shares of Dunelm Group from GBX 1,140 ($14.78) to GBX 1,170 ($15.17) and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,060 ($13.75) price objective on shares of Dunelm Group in a report on Thursday, September 12th. Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th. Finally, Berenberg Bank raised their price target on shares of Dunelm Group from GBX 1,410 ($18.29) to GBX 1,470 ($19.06) and gave the company a “buy” rating in a research note on Tuesday, September 17th.

Insiders Place Their Bets

In related news, insider Luisa Wright bought 2,452 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The shares were bought at an average price of GBX 1,139 ($14.77) per share, with a total value of £27,928.28 ($36,218.75). 34.28% of the stock is owned by insiders.

Dunelm Group Stock Up 0.3 %

DNLM stock opened at GBX 1,160 ($15.04) on Wednesday. Dunelm Group has a one year low of GBX 959 ($12.44) and a one year high of GBX 1,279 ($16.59). The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The firm has a market cap of £2.35 billion, a PE ratio of 1,563.51, a P/E/G ratio of -10.32 and a beta of 1.18. The firm’s fifty day moving average is GBX 1,206.83 and its 200 day moving average is GBX 1,134.88.

Dunelm Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be paid a GBX 27.50 ($0.36) dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 2.23%. Dunelm Group’s dividend payout ratio (DPR) is 5,945.95%.

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.