Peel Hunt Reaffirms “Buy” Rating for Dunelm Group (LON:DNLM)

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Peel Hunt reissued their buy rating on shares of Dunelm Group (LON:DNLM) in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 1,250 ($16.44) price target on the stock.

DNLM has been the subject of a number of other reports. Royal Bank of Canada lifted their price objective on Dunelm Group from GBX 850 ($11.18) to GBX 1,000 ($13.15) and gave the company a sector performer rating in a research note on Tuesday, December 10th. UBS Group lowered Dunelm Group to a neutral rating and increased their target price for the stock from GBX 930 ($12.23) to GBX 1,070 ($14.08) in a research note on Friday, January 10th. Finally, HSBC raised their target price on Dunelm Group from GBX 800 ($10.52) to GBX 920 ($12.10) and gave the company a hold rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 1,052.50 ($13.85).

LON:DNLM opened at GBX 1,298 ($17.07) on Monday. Dunelm Group has a 52 week low of GBX 696.56 ($9.16) and a 52 week high of GBX 1,351.21 ($17.77). The stock’s fifty day moving average is GBX 1,157.14 and its two-hundred day moving average is GBX 953.36. The stock has a market capitalization of $2.57 billion and a price-to-earnings ratio of 26.01. The company has a quick ratio of 0.17, a current ratio of 1.39 and a debt-to-equity ratio of 23.84.

The firm also recently announced a dividend, which will be paid on Tuesday, April 14th. Investors of record on Thursday, March 19th will be paid a dividend of GBX 8 ($0.11) per share. This represents a yield of 0.61%. The ex-dividend date is Thursday, March 19th. Dunelm Group’s payout ratio is currently 0.82%.

Dunelm Group Company Profile

Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and baby and kids beddings.

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Analyst Recommendations for Dunelm Group (LON:DNLM)

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