Dunelm Group (OTCMKTS:DNLMY) Price Target Increased to GBX 1,240 by Analysts at Berenberg Bank

Dunelm Group (OTCMKTS:DNLMY – Get Rating) had its price objective upped by Berenberg Bank from GBX 1,130 ($13.99) to GBX 1,240 ($15.35) in a research report released on Tuesday morning, The Fly reports.

Separately, JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 1,130 ($13.99) to GBX 1,150 ($14.24) in a research note on Friday, January 20th.

Dunelm Group Price Performance

OTCMKTS DNLMY opened at $13.09 on Tuesday. The firm has a 50 day simple moving average of $11.02 and a 200-day simple moving average of $9.87. Dunelm Group has a one year low of $7.87 and a one year high of $18.53.

Dunelm Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 20th. Investors of record on Thursday, November 10th were issued a $0.2563 dividend. This is a boost from Dunelm Group’s previous dividend of $0.17. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a yield of 8.06%.

Dunelm Group Company Profile

(Get Rating)

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 chairs; 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.