Dunelm Group (LON:DNLM) had its price objective decreased by Peel Hunt from GBX 1,400 ($18.42) to GBX 1,000 ($13.15) in a research report sent to investors on Tuesday morning, Stock Target Advisor reports. Peel Hunt currently has a buy rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reiterated a buy rating and set a GBX 1,250 ($16.44) price target on shares of Dunelm Group in a report on Wednesday, February 12th. UBS Group reiterated a neutral rating and set a GBX 1,110 ($14.60) price target (up previously from GBX 1,070 ($14.08)) on shares of Dunelm Group in a report on Thursday, February 13th. HSBC increased their price target on shares of Dunelm Group from GBX 800 ($10.52) to GBX 920 ($12.10) and gave the company a hold rating in a report on Friday, December 6th. Finally, Royal Bank of Canada reiterated a sector perform rating and set a GBX 1,250 ($16.44) price target on shares of Dunelm Group in a report on Friday, March 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 1,052.50 ($13.85).
Shares of LON DNLM opened at GBX 693.50 ($9.12) on Tuesday. Dunelm Group has a fifty-two week low of GBX 596.50 ($7.85) and a fifty-two week high of GBX 1,450 ($19.07). The company has a 50 day simple moving average of GBX 1,074.55 and a two-hundred day simple moving average of GBX 984.85. The company has a market capitalization of $1.52 billion and a price-to-earnings ratio of 12.47. The company has a debt-to-equity ratio of 262.44, a quick ratio of 0.06 and a current ratio of 0.82.
The company also recently declared a dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Thursday, March 19th will be issued a dividend of GBX 8 ($0.11) per share. This represents a dividend yield of 0.61%. The ex-dividend date is Thursday, March 19th. Dunelm Group’s payout ratio is 0.29%.
In other news, insider William Reeve purchased 1,000 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were purchased at an average price of GBX 780 ($10.26) per share, for a total transaction of £7,800 ($10,260.46).
About Dunelm Group
Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and baby and kids beddings.
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