Dunelm Group (LON:DNLM) Given New GBX 1,170 Price Target at JPMorgan Chase & Co.

Dunelm Group (LON:DNLM) had its target price increased by JPMorgan Chase & Co. from GBX 1,140 ($15.27) to GBX 1,170 ($15.67) in a report published on Tuesday morning, Marketbeat.com reports. They currently have a neutral rating on the stock.

A number of other brokerages also recently commented on DNLM. Canaccord Genuity Group reissued a buy rating and issued a GBX 1,325 ($17.74) price objective on shares of Dunelm Group in a research report on Tuesday, September 17th. Berenberg Bank lifted their price objective on shares of Dunelm Group from GBX 1,410 ($18.88) to GBX 1,470 ($19.68) and gave the company a buy rating in a research report on Tuesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a hold rating and issued a GBX 1,060 ($14.19) price objective on shares of Dunelm Group in a research report on Thursday, September 12th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of Hold and an average price target of GBX 1,220.83 ($16.35).

Dunelm Group Stock Up 0.9 %

Shares of DNLM stock opened at GBX 1,178 ($15.77) on Tuesday. The firm’s fifty day moving average price is GBX 1,216.49 and its two-hundred day moving average price is GBX 1,121.06. Dunelm Group has a 1 year low of GBX 959 ($12.84) and a 1 year high of GBX 1,279 ($17.13). The firm has a market capitalization of £2.38 billion, a P/E ratio of 1,591.89, a PEG ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Dunelm Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, November 26th. Investors of record on Thursday, October 31st will be issued a dividend of GBX 27.50 ($0.37) per share. This represents a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, October 31st. Dunelm Group’s payout ratio is 5,945.95%.

Dunelm Group Company Profile

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.