Dunelm Group (LON:DNLM) had its target price hoisted by Jefferies Group from GBX 515 ($6.93) to GBX 560 ($7.54) in a research note issued to investors on Wednesday. Jefferies Group currently has an underperform rating on the stock.
Several other research firms have also commented on DNLM. Peel Hunt reaffirmed a hold rating and set a GBX 620 ($8.34) target price on shares of Dunelm Group in a report on Tuesday. Deutsche Bank raised their target price on Dunelm Group from GBX 630 ($8.48) to GBX 640 ($8.61) and gave the stock a hold rating in a report on Thursday, October 12th. Barclays reaffirmed an overweight rating and set a GBX 860 ($11.57) target price on shares of Dunelm Group in a report on Wednesday, October 18th. N+1 Singer reaffirmed a not rated rating on shares of Dunelm Group in a report on Wednesday, September 13th. Finally, J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 760 ($10.23) target price on shares of Dunelm Group in a report on Friday, October 13th. 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 stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 709.73 ($9.55).
Dunelm Group (DNLM) traded down GBX 13 ($0.17) during trading on Wednesday, reaching GBX 688 ($9.26). The company had a trading volume of 250,761 shares, compared to its average volume of 258,209. Dunelm Group has a 12-month low of GBX 541.50 ($7.29) and a 12-month high of GBX 819 ($11.02).
The company also recently announced a dividend, which was paid on Friday, November 24th. Stockholders of record on Thursday, November 2nd were given a GBX 19.50 ($0.26) dividend. This represents a dividend yield of 3%. The ex-dividend date was Thursday, November 2nd. This is an increase from Dunelm Group’s previous dividend of $6.50.
In other news, insider Keith Down sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of GBX 647 ($8.71), for a total value of £51,760 ($69,663.53).
About Dunelm Group
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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