Dunelm Group (LON:DNLM) Earns “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Dunelm Group (LON:DNLM) in a research report released on Wednesday morning, LSE.Co.UK reports. They currently have a GBX 1,250 ($16.44) price target on the stock.

DNLM has been the topic of a number of other reports. HSBC lifted their price objective on 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. UBS Group downgraded Dunelm Group to a neutral rating and lifted their price objective for the company from GBX 930 ($12.23) to GBX 1,070 ($14.08) in a report on Friday, January 10th. Royal Bank of Canada lifted their price objective on Dunelm Group from GBX 850 ($11.18) to GBX 1,000 ($13.15) and gave the company a sector performer rating in a report on Tuesday, December 10th. Finally, Peel Hunt reaffirmed a buy rating and set a GBX 1,250 ($16.44) price objective on shares of Dunelm Group in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Dunelm Group currently has a consensus rating of Hold and an average price target of GBX 1,052.50 ($13.85).

LON DNLM opened at GBX 1,404 ($18.47) on Wednesday. The company has a current ratio of 1.39, a quick ratio of 0.17 and a debt-to-equity ratio of 23.84. The stock’s 50 day moving average is GBX 1,162.02 and its two-hundred day moving average is GBX 955.75. The company has a market capitalization of $2.84 billion and a price-to-earnings ratio of 28.14. Dunelm Group has a 1-year low of GBX 696.56 ($9.16) and a 1-year high of GBX 1,351.21 ($17.77).

The company also recently announced a dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Thursday, March 19th will be paid a GBX 8 ($0.11) dividend. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, March 19th. Dunelm Group’s dividend payout ratio (DPR) is currently 0.82%.

Dunelm Group Company Profile

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.

Further Reading: Correction

Analyst Recommendations for Dunelm Group (LON:DNLM)

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