Debenhams Plc Receives Average Rating of “Hold” from Brokerages (LON:DEB)
Debenhams Plc (LON:DEB) has received an average recommendation of “Hold” from the twenty-two analysts that are currently covering the company, StockRatingsNetwork reports. Nine equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 83.09 ($1.40).
Several analysts have recently commented on the stock. Analysts at Berenberg Bank initiated coverage on shares of Debenhams Plc in a research note on Thursday. They set a “hold” rating and a GBX 87 ($1.47) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Debenhams Plc in a research note on Friday, May 9th. They now have a GBX 70 ($1.18) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Debenhams Plc in a research note on Friday, April 25th. They now have a GBX 70 ($1.18) price target on the stock.
Debenhams Plc (LON:DEB) traded down 0.63% during mid-day trading on Friday, hitting GBX 78.45. 1,794,426 shares of the company’s stock traded hands. Debenhams Plc has a one year low of GBX 70.85 and a one year high of GBX 113.50. The stock has a 50-day moving average of GBX 79.43 and a 200-day moving average of GBX 82.54. The company’s market cap is £963.3 million.
The company also recently announced a dividend, which is scheduled for Friday, July 4th. Shareholders of record on Wednesday, June 4th will be paid a dividend of GBX 1 ($0.02) per share. This represents a dividend yield of 1.23%. The ex-dividend date is Wednesday, June 4th.
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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