Debenhams Plc Stock Rating Reaffirmed by Barclays (DEB)
Debenhams Plc (LON:DEB)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Barclays in a research report issued on Friday. They currently have a GBX 70 ($1.17) price objective on the stock. Barclays’ price target would suggest a potential upside of 5.58% from the stock’s previous close.
Debenhams Plc (LON:DEB) opened at 66.05 on Friday. Debenhams Plc has a one year low of GBX 61.45 and a one year high of GBX 113.50. The stock has a 50-day moving average of GBX 65.1 and a 200-day moving average of GBX 73.47. The company’s market cap is £811.0 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cantor Fitzgerald Europe upgraded shares of Debenhams Plc to a “hold” rating in a research note on Wednesday. They now have a GBX 65 ($1.09) price target on the stock, down previously from GBX 70 ($1.17). Separately, analysts at Investec reiterated a “hold” rating on shares of Debenhams Plc in a research note on Tuesday. They now have a GBX 62 ($1.04) price target on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Debenhams Plc in a research note on Friday, August 15th. They now have a GBX 65 ($1.09) price target on the stock. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 77.89 ($1.30).
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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