Dunelm Group (DNLM) Price Target Raised to GBX 650 at Royal Bank of Canada

Dunelm Group (LON:DNLM) had its price target raised by Royal Bank of Canada from GBX 600 ($7.84) to GBX 650 ($8.49) in a research note released on Monday morning. They currently have an underperform rating on the stock.

Several other analysts have also issued reports on the company. UBS Group upped their target price on Dunelm Group from GBX 650 ($8.49) to GBX 810 ($10.58) and gave the stock a buy rating in a report on Friday, February 15th. Peel Hunt reiterated a buy rating on shares of Dunelm Group in a report on Wednesday, February 13th. HSBC upped their target price on Dunelm Group from GBX 500 ($6.53) to GBX 520 ($6.79) and gave the stock a hold rating in a report on Thursday, January 10th. Finally, JPMorgan Chase & Co. upped their target price on Dunelm Group from GBX 600 ($7.84) to GBX 635 ($8.30) and gave the stock a neutral rating in a report on Tuesday, January 8th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 635.50 ($8.30).

Shares of Dunelm Group stock opened at GBX 811.50 ($10.60) on Monday. Dunelm Group has a one year low of GBX 541.50 ($7.08) and a one year high of GBX 760 ($9.93).

The business also recently announced a dividend, which will be paid on Friday, April 12th. Investors of record on Thursday, March 14th will be issued a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a yield of 1.01%.

In related news, insider Laura Carr sold 25,000 shares of the company’s stock in a transaction dated Friday, November 30th. The stock was sold at an average price of GBX 553 ($7.23), for a total transaction of £138,250 ($180,648.11).

About Dunelm Group

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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