Debenhams Plc Given Average Recommendation of “Hold” by Analysts (LON:DEB)
Shares of Debenhams Plc (LON:DEB) have received a consensus recommendation of “Hold” from the twenty-two ratings firms that are presently covering the company, StockRatingsNetwork reports. Eight research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 80.29 ($1.37).
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Debenhams Plc in a research note on Monday. Separately, 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. Finally, 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).
Shares of Debenhams Plc (LON:DEB) traded up 1.46% on Tuesday, hitting GBX 69.60. The stock had a trading volume of 1,536,983 shares. Debenhams Plc has a 52-week low of GBX 70.55 and a 52-week high of GBX 113.50. The stock’s 50-day moving average is GBX 76.06 and its 200-day moving average is GBX 77.85. The company’s market cap is £854.6 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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