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

Dunelm Group (OTCMKTS:DNLMY) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a research report issued on Monday, Zacks.com reports. The brokerage currently has a $17.00 price objective on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 12.96% from the company’s current price.

According to Zacks, “Dunelm Group Plc. provides homewares primarily in the United Kingdom. The Company offers retails textile products as well as other housewares such as lighting products, pet supplies and sewing machines. Dunelm Group Plc. is based in Syston, the United Kingdom. “

Shares of OTCMKTS DNLMY opened at $15.05 on Monday. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 27.87 and a beta of -0.24. The stock’s fifty day simple moving average is $15.05 and its 200 day simple moving average is $15.05. The company has a quick ratio of 0.57, a current ratio of 1.17 and a debt-to-equity ratio of 1.07. Dunelm Group has a 52-week low of $15.05 and a 52-week high of $15.05.

Dunelm Group Company Profile

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; bean bags; bed frames, mattresses, divan beds and bases, 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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