Debenhams Plc’s “Hold” Rating Reaffirmed at N+1 Singer (DEB)
Debenhams Plc (LON:DEB)‘s stock had its “hold” rating restated by equities research analysts at N+1 Singer in a research note issued to investors on Friday. They currently have a GBX 85 ($1.44) price target on the stock. N+1 Singer’s price objective points to a potential upside of 16.71% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays upgraded shares of Debenhams Plc to an “equal weight” rating in a research note on Monday. They now have a GBX 73 ($1.24) price target on the stock, up previously from GBX 64 ($1.09). Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Debenhams Plc in a research note on Monday. They now have a GBX 75 ($1.27) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Debenhams Plc in a research note on Thursday, June 12th. They now have a GBX 65 ($1.10) price target on the stock. Eight analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 79.86 ($1.36).
Debenhams Plc (LON:DEB) traded up 0.49% during mid-day trading on Friday, hitting GBX 72.45. 3,626,548 shares of the company’s stock traded hands. Debenhams Plc has a 52-week low of GBX 70.55 and a 52-week high of GBX 113.50. The stock has a 50-day moving average of GBX 76.73 and a 200-day moving average of GBX 78.34. The company’s market cap is £889.6 million.
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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