Dunelm Group plc (DNLM) Receives Average Rating of “Hold” from Analysts
Dunelm Group plc (LON:DNLM) has been assigned an average recommendation of “Hold” from the thirteen analysts that are covering the firm. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 893.75 ($11.17).
DNLM has been the topic of several analyst reports. Peel Hunt reiterated a “buy” rating and issued a GBX 1,000 ($12.49) price objective on shares of Dunelm Group plc in a research note on Thursday, October 6th. Jefferies Group reiterated a “hold” rating and issued a GBX 700 ($8.75) price objective on shares of Dunelm Group plc in a research note on Thursday, September 15th. Canaccord Genuity cut Dunelm Group plc to a ” hold” rating and increased their price objective for the company from GBX 875 ($10.93) to GBX 920 ($11.49) in a research note on Thursday, September 15th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,000 ($12.49) price objective on shares of Dunelm Group plc in a research note on Thursday, September 15th. Finally, Royal Bank Of Canada reiterated an “underperform” rating on shares of Dunelm Group plc in a research note on Monday, August 1st.
In other news, insider William Reeve bought 2,500 shares of the business’s stock in a transaction dated Thursday, October 6th. The shares were acquired at an average price of GBX 823 ($10.28) per share, for a total transaction of £20,575 ($25,705.90).
Shares of Dunelm Group plc (LON:DNLM) opened at 766.00 on Thursday. Dunelm Group plc has a 1-year low of GBX 724.00 and a 1-year high of GBX 1,023.00. The firm’s 50-day moving average price is GBX 790.82 and its 200 day moving average price is GBX 862.10. The stock’s market cap is GBX 1.55 billion.
The company also recently announced a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd will be given a dividend of GBX 19.10 ($0.24) per share. This represents a dividend yield of 2.14%. The ex-dividend date is Thursday, November 3rd.
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based homewares retailer. The Company operates through retail of homewares in the United Kingdom segment. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions.
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