Deutsche Bank Raises Dunelm Group (DNLM) Price Target to GBX 685

Dunelm Group (LON:DNLM) had its target price upped by Deutsche Bank from GBX 640 ($8.61) to GBX 685 ($9.22) in a research note issued to investors on Friday morning. They currently have a hold rating on the stock.

A number of other analysts have also recently issued reports on DNLM. Barclays reiterated an overweight rating on shares of Dunelm Group in a research note on Monday, August 14th. Peel Hunt reiterated a hold rating and issued a GBX 620 ($8.34) target price on shares of Dunelm Group in a research note on Wednesday, August 30th. N+1 Singer restated a not rated rating on shares of Dunelm Group in a research note on Wednesday, September 13th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 760 ($10.23) price objective on shares of Dunelm Group in a research note on Thursday, September 14th. Finally, Jefferies Group restated an underperform rating and issued a GBX 515 ($6.93) price objective on shares of Dunelm Group in a research note on Wednesday, September 20th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. Dunelm Group has an average rating of Hold and a consensus price target of GBX 713.82 ($9.61).

Shares of Dunelm Group (LON DNLM) opened at GBX 724.50 ($9.75) on Friday. Dunelm Group has a one year low of GBX 541.50 ($7.29) and a one year high of GBX 819 ($11.02).

The business also recently announced a dividend, which was paid on Friday, November 24th. Investors of record on Thursday, November 2nd were paid a dividend of GBX 19.50 ($0.26) per share. This is a boost from Dunelm Group’s previous dividend of $6.50. This represents a yield of 3%. The ex-dividend date was Thursday, November 2nd.

In related news, insider Keith Down sold 8,000 shares of the company’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of GBX 647 ($8.71), for a total transaction of £51,760 ($69,663.53).

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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.

Analyst Recommendations for Dunelm Group (LON:DNLM)

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