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

Shares of Dunelm Group plc (LON:DNLM) have been given an average recommendation of “Hold” by the six ratings firms that are covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,189 ($14.94).

Several equities analysts recently commented on the company. Jefferies Financial Group reissued a “hold” rating and set a GBX 1,200 ($15.08) price target on shares of Dunelm Group in a research report on Thursday, April 18th. Berenberg Bank reissued a “buy” rating and set a GBX 1,410 ($17.71) target price on shares of Dunelm Group in a research report on Thursday, April 18th.

Dunelm Group Price Performance

Shares of LON DNLM opened at GBX 1,011 ($12.70) on Wednesday. The company has a debt-to-equity ratio of 169.49, a current ratio of 1.06 and a quick ratio of 0.16. Dunelm Group has a 1-year low of GBX 959 ($12.05) and a 1-year high of GBX 1,335.54 ($16.78). The company has a market capitalization of £2.04 billion, a price-to-earnings ratio of 1,384.25, a PEG ratio of -10.32 and a beta of 1.09. The business has a 50-day moving average of GBX 1,077.80 and a 200-day moving average of GBX 1,074.97.

Dunelm Group Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 9th. Stockholders of record on Thursday, March 14th were given a dividend of GBX 51 ($0.64) per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 4.7%. This is an increase from Dunelm Group’s previous dividend of $27.00. Dunelm Group’s dividend payout ratio (DPR) is presently 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.