Debenhams Plc Given “Underweight” Rating at JPMorgan Chase & Co. (DEB)
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Debenhams Plc in a research note on Monday. They now have a GBX 76 ($1.29) price target on the stock. Separately, analysts at Societe Generale upgraded shares of Debenhams Plc to a “buy” rating in a research note on Monday. They now have a GBX 82 ($1.40) price target on the stock, down previously from GBX 83 ($1.41). Finally, analysts at Investec cut their price target on shares of Debenhams Plc from GBX 64 ($1.09) to GBX 62 ($1.06) in a research note on Friday. They now have a “sell” rating on the stock. Eight analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 80.29 ($1.37).
Debenhams Plc (LON:DEB) traded down 3.11% on Monday, hitting GBX 68.60. The stock had a trading volume of 4,971,085 shares. Debenhams Plc has a one year low of GBX 68.591 and a one year high of GBX 113.50. The stock’s 50-day moving average is GBX 76.06 and its 200-day moving average is GBX 77.94. The company’s market cap is £842.3 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.