Dunelm Group (LON:DNLM) Stock Rating Reaffirmed by Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Dunelm Group (LON:DNLM) in a research note published on Tuesday, MarketBeat reports. They currently have a GBX 1,325 ($17.50) price objective on the stock.

A number of other research analysts have also recently issued reports on DNLM. Berenberg Bank lifted their price objective on Dunelm Group from GBX 1,410 ($18.63) to GBX 1,470 ($19.42) and gave the company a buy rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and issued a GBX 1,060 ($14.00) price target on shares of Dunelm Group in a research report on Thursday, September 12th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Dunelm Group presently has an average rating of Hold and a consensus target price of GBX 1,224.17 ($16.17).

Dunelm Group Price Performance

DNLM stock opened at GBX 1,241 ($16.39) on Tuesday. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The firm has a 50 day moving average price of GBX 1,211.44 and a 200-day moving average price of GBX 1,120.03. Dunelm Group has a 52-week low of GBX 959 ($12.67) and a 52-week high of GBX 1,279 ($16.90). The firm has a market capitalization of £2.51 billion, a price-to-earnings ratio of 1,677.03, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be paid a GBX 27.50 ($0.36) dividend. This represents a dividend yield of 2.23%. The ex-dividend date is Thursday, October 31st. Dunelm Group’s dividend payout ratio is currently 5,945.95%.

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.