Dunelm Group (LON:DNLM) Rating Reiterated by Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Dunelm Group (LON:DNLM) in a research report report published on Thursday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 1,325 ($17.20) price target on the stock.

Other equities analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reiterated 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. Berenberg Bank increased 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 note on Tuesday, September 17th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday. Finally, JPMorgan Chase & Co. upped 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 research note on Tuesday, September 24th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 1,220.83 ($15.85).

Dunelm Group Trading Down 1.7 %

Shares of DNLM opened at GBX 1,179 ($15.31) on Thursday. Dunelm Group has a one year low of GBX 959 ($12.45) and a one year high of GBX 1,279 ($16.61). The stock has a 50-day moving average price of GBX 1,209.05 and a 200 day moving average price of GBX 1,133.28. 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 company has a market capitalization of £2.38 billion, a P/E ratio of 1,593.24, a P/E/G ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be issued a GBX 27.50 ($0.36) dividend. 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 (DPR) is presently 5,945.95%.

Insider Buying and Selling at Dunelm Group

In related news, insider Luisa Wright acquired 2,452 shares of Dunelm Group stock in a transaction that occurred on Wednesday, October 2nd. The stock was acquired at an average price of GBX 1,139 ($14.79) per share, for a total transaction of £27,928.28 ($36,261.08). 34.28% of the stock is currently owned by insiders.

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.