Dunelm Group (LON:DNLM) Given Buy Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Dunelm Group (LON:DNLM) in a research report sent to investors on Thursday, MarketBeat reports. The brokerage currently has a GBX 1,410 ($17.55) target price on the stock.

Separately, Jefferies Financial Group reaffirmed a hold rating and issued a GBX 1,200 ($14.94) price target on shares of Dunelm Group in a report on Thursday. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Dunelm Group currently has an average rating of Hold and a consensus price target of GBX 1,189 ($14.80).

Dunelm Group Price Performance

LON DNLM opened at GBX 974.21 ($12.13) on Thursday. The company has a debt-to-equity ratio of 169.49, a current ratio of 1.06 and a quick ratio of 0.16. The stock’s fifty day moving average price is GBX 1,106.15 and its 200 day moving average price is GBX 1,078.25. Dunelm Group has a 1 year low of GBX 963.50 ($11.99) and a 1 year high of GBX 1,335.54 ($16.63). The company has a market cap of £1.97 billion, a price-to-earnings ratio of 1,334.25, a PEG ratio of -10.32 and a beta of 1.09.

Dunelm Group Increases Dividend

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