Dunelm Group plc (LON:DNLM) Receives GBX 1,209 Consensus Target Price from Analysts

Dunelm Group plc (LON:DNLM) has been assigned an average recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. Four investment 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 brokerages that have issued a report on the stock in the last year is GBX 1,209 ($15.05).

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

Dunelm Group Stock Performance

LON DNLM opened at GBX 1,074 ($13.37) on Friday. The company’s 50 day moving average is GBX 1,110.28 and its 200-day moving average is GBX 1,078.22. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 169.49. The firm has a market cap of £2.17 billion, a P/E ratio of 1,471.23, a price-to-earnings-growth ratio of -10.32 and a beta of 1.09. Dunelm Group has a 12-month low of GBX 964.87 ($12.01) and a 12-month high of GBX 1,335.54 ($16.63).

Dunelm Group Increases Dividend

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

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.