Analysts Set Dunelm Group plc (LON:DNLM) PT at GBX 1,209

Dunelm Group plc (LON:DNLM) has been assigned an average recommendation of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 1,209 ($15.05).

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,410 ($17.55) price target on shares of Dunelm Group in a research report on Wednesday, February 14th.

Dunelm Group Stock Performance

LON:DNLM opened at GBX 1,089 ($13.56) on Friday. The firm has a 50 day simple moving average of GBX 1,111.56 and a 200-day simple moving average of GBX 1,078.15. The company has a debt-to-equity ratio of 169.49, a current ratio of 1.06 and a quick ratio of 0.16. The firm has a market cap of £2.20 billion, a PE ratio of 1,491.78, a P/E/G ratio of -10.32 and a beta of 1.09. Dunelm Group has a 1-year low of GBX 964.87 ($12.01) and a 1-year high of GBX 1,335.54 ($16.63).

Dunelm Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 9th. Investors of record on Thursday, March 14th were issued a GBX 51 ($0.63) dividend. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, March 14th. This is a boost from Dunelm Group’s previous dividend of $27.00. Dunelm Group’s dividend payout ratio (DPR) is 5,890.41%.

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.