Debenhams Receives Hold Rating from Nplus1 Brewin (DEB)
Debenhams (LON:DEB)‘s stock had its “hold” rating reaffirmed by stock analysts at Nplus1 Brewin in a report issued on Friday, AnalystRatings.NET reports. They currently have a GBX 78 ($1.28) price target on the stock. Nplus1 Brewin’s price target suggests a potential upside of 2.63% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of Debenhams in a research note to investors on Friday. They now have a GBX 78 ($1.28) price target on the stock. Separately, analysts at N+1 Singer Ltd reiterated a “hold” rating on shares of Debenhams in a research note to investors on Friday. They now have a GBX 78 ($1.28) price target on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Debenhams to an “underweight” rating in a research note to investors on Wednesday. They now have a GBX 70 ($1.15) price target on the stock, down previously from GBX 118 ($1.94). Seven analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 88.83 ($1.46).
Shares of Debenhams (LON:DEB) traded up 7.02% on Friday, hitting GBX 81.55. 11,795,551 shares of the company’s stock traded hands. Debenhams has a one year low of GBX 70.85 and a one year high of GBX 113.50. The stock’s 50-day moving average is GBX 85.02 and its 200-day moving average is GBX 98.8. The company’s market cap is £1.030 billion.
Debenhams plc is a United Kingdom-based holding company. The principal activities of the Company and its subsidiaries are the sale of fashion clothing and accessories, cosmetics and products for use in the home.
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