Dunelm Group (OTCMKTS:DNLMY) Raised to “Strong-Buy” at Jefferies Financial Group

Dunelm Group (OTCMKTS:DNLMY) was upgraded by Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a report released on Sunday,Zacks.com reports.

Separately, Royal Bank Of Canada upgraded Dunelm Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Strong Buy”.

Dunelm Group Price Performance

OTCMKTS:DNLMY remained flat at $12.79 during trading hours on Friday. The firm’s fifty day simple moving average is $14.18 and its 200-day simple moving average is $14.85. Dunelm Group has a fifty-two week low of $12.20 and a fifty-two week high of $17.25. The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 2.73.

About Dunelm Group

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.