Liberum Capital Reiterates “Sell” Rating for Debenhams Plc (DEB)
Debenhams Plc (LON:DEB)‘s stock had its “sell” rating restated by equities researchers at Liberum Capital in a research report issued on Friday. They currently have a GBX 65 ($1.09) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 0.31% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Debenhams Plc in a research note on Tuesday. They now have a GBX 70 ($1.17) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Debenhams Plc in a research note on Monday. They now have a GBX 73 ($1.22) price target on the stock. Finally, 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. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. Debenhams Plc presently has an average rating of “Hold” and a consensus target price of GBX 78.32 ($1.31).
Debenhams Plc (LON:DEB) traded down 0.15% on Friday, hitting GBX 64.70. The stock had a trading volume of 394,333 shares. Debenhams Plc has a 1-year low of GBX 61.45 and a 1-year high of GBX 113.50. The stock’s 50-day moving average is GBX 65.58 and its 200-day moving average is GBX 73.82. The company’s market cap is £794.5 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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