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 report published on Thursday morning, Digital Look reports. They currently have a GBX 1,410 ($17.55) price objective on the stock.

Separately, Jefferies Financial Group reiterated a hold rating and set a GBX 1,200 ($14.94) price objective on shares of Dunelm Group in a research note on Thursday. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Dunelm Group has an average rating of Hold and an average price target of GBX 1,207.50 ($15.03).

Dunelm Group Trading Down 1.3 %

LON DNLM opened at GBX 982.63 ($12.23) on Thursday. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 169.49. The firm has a market cap of £1.99 billion, a PE ratio of 1,348.63, a price-to-earnings-growth ratio of -10.32 and a beta of 1.09. The company has a 50 day moving average price of GBX 1,108.39 and a 200 day moving average price of GBX 1,077.65. Dunelm Group has a 52 week low of GBX 964.87 ($12.01) and a 52 week high of GBX 1,335.54 ($16.63).

Dunelm Group Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 9th. Investors of record on Thursday, March 14th were given a dividend of GBX 51 ($0.63) per share. This represents a yield of 4.7%. The ex-dividend date was Thursday, March 14th. This is a positive change from Dunelm Group’s previous dividend of $27.00. Dunelm Group’s dividend payout ratio (DPR) is currently 5,890.41%.

About Dunelm Group

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.