Dunelm Group (OTCMKTS:DNLMY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Dunelm Group (OTCMKTS:DNLMY) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks.com reports.

A number of other analysts have also recently weighed in on DNLMY. Royal Bank Of Canada raised shares of Dunelm Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 3rd. Jefferies Financial Group raised Dunelm Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat.com, Dunelm Group currently has a consensus rating of “Strong Buy”.

Dunelm Group Stock Up 8.6%

Shares of DNLMY stock opened at $13.80 on Thursday. The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 2.73. Dunelm Group has a fifty-two week low of $12.71 and a fifty-two week high of $17.25. The firm’s 50 day moving average price is $14.02 and its two-hundred day moving average price is $14.78.

Dunelm Group Company Profile

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.