Dunelm Group (OTCMKTS:DNLMY) Rating Increased to Strong-Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Dunelm Group (OTCMKTS:DNLMY) from a hold rating to a strong-buy rating in a report issued on Sunday morning,Zacks.com reports.

Separately, Royal Bank Of Canada upgraded Dunelm Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, Dunelm Group presently has an average rating of “Strong Buy”.

Dunelm Group Stock Performance

Shares of OTCMKTS:DNLMY opened at $12.79 on Friday. The firm has a 50 day moving average of $14.18 and a 200 day moving average of $14.85. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.04 and a quick ratio of 0.25. Dunelm Group has a 52 week low of $12.20 and a 52 week high of $17.25.

About Dunelm Group

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.