Debenhams Rating Reiterated by N+1 Singer (DEB)
Debenhams (LON:DEB)‘s stock had its “hold” rating reiterated by equities researchers at N+1 Singer in a research report issued on Friday, American Banking News reports. They currently have a GBX 78 ($1.28) target price on the stock. N+1 Singer’s price target indicates a potential downside of 4.35% from the stock’s previous close.
A number of other analysts have also recently weighed in on DEB. 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. Separately, 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). Finally, analysts at HSBC downgraded shares of Debenhams to a “neutral” rating in a research note to investors on Tuesday. They now have a GBX 80 ($1.31) price target on the stock, down previously from GBX 110 ($1.80). Seven research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 88.83 ($1.46).
Debenhams (LON:DEB) opened at 81.55 on Friday. Debenhams has a 1-year low of GBX 70.85 and a 1-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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