Brokerages Set Dunelm Group plc (DNLM) Price Target at $705.64
Dunelm Group plc (LON:DNLM) has received an average recommendation of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 705.64 ($9.31).
DNLM has been the subject of several recent analyst reports. Deutsche Bank AG raised their price target on Dunelm Group plc from GBX 630 ($8.31) to GBX 640 ($8.45) and gave the stock a “hold” rating in a report on Thursday, October 12th. Peel Hunt reissued a “hold” rating and issued a GBX 620 ($8.18) price target on shares of Dunelm Group plc in a report on Wednesday, August 30th. Barclays PLC reissued an “overweight” rating and issued a GBX 860 ($11.35) price target on shares of Dunelm Group plc in a report on Wednesday, October 18th. N+1 Singer reissued a “not rated” rating on shares of Dunelm Group plc in a report on Wednesday, September 13th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 760 ($10.03) price target on shares of Dunelm Group plc in a report on Friday, October 13th.
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In related news, insider Keith Down sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of GBX 647 ($8.54), for a total transaction of £51,760 ($68,302.98).
Shares of Dunelm Group plc (LON DNLM) traded down GBX 2 ($0.03) during trading on Thursday, hitting GBX 695 ($9.17). The stock had a trading volume of 212,461 shares, compared to its average volume of 232,344. Dunelm Group plc has a 1 year low of GBX 541.50 ($7.15) and a 1 year high of GBX 819 ($10.81).
The firm also recently disclosed a dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, November 2nd will be given a GBX 19.50 ($0.26) dividend. The ex-dividend date is Thursday, November 2nd. This is a boost from Dunelm Group plc’s previous dividend of $6.50. This represents a dividend yield of 3%.
Dunelm Group plc Company Profile
Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.
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