Debenhams Plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:DEB)
Debenhams Plc (LON:DEB) has been given an average recommendation of “Hold” by the twenty brokerages that are presently covering the stock, StockRatingsNetwork.com reports. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 78.32 ($1.32).
DEB has been the subject of a number of recent research reports. Analysts at Investec upgraded shares of Debenhams Plc to a “hold” rating in a research note on Tuesday, July 15th. They now have a GBX 62 ($1.04) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Debenhams Plc to a “hold” rating in a research note on Monday, July 14th. They now have a GBX 65 ($1.09) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Debenhams Plc in a research note on Monday, June 23rd.
Shares of Debenhams Plc (LON:DEB) opened at 65.35 on Tuesday. Debenhams Plc has a 52 week low of GBX 61.45 and a 52 week high of GBX 113.50. The stock has a 50-day moving average of GBX 66.16 and a 200-day moving average of GBX 74.26. The company’s market cap is £802.4 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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