Share on StockTwits

Debenhams Plc (LON:DEB) was upgraded by analysts at N+1 Singer to a “buy” rating in a research report issued to clients and investors on Friday. The firm currently has a GBX 80 ($1.32) price target on the stock, down from their previous price target of GBX 85 ($1.41). N+1 Singer’s price target suggests a potential upside of 22.61% from the stock’s previous close.

A number of other analysts have also recently weighed in on DEB. Analysts at Barclays reiterated an “equal weight” rating on shares of Debenhams Plc in a research note on Friday, August 22nd. They now have a GBX 70 ($1.16) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe upgraded shares of Debenhams Plc to a “hold” rating in a research note on Wednesday, August 20th. They now have a GBX 65 ($1.08) price target on the stock, down previously from GBX 70 ($1.16). Finally, analysts at Investec reiterated a “hold” rating on shares of Debenhams Plc in a research note on Tuesday, August 19th. They now have a GBX 62 ($1.03) price target on the stock. Five analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 77.63 ($1.28).

Debenhams Plc (LON:DEB) traded up 1.69% during mid-day trading on Friday, hitting GBX 66.35. The stock had a trading volume of 1,015,430 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 65.02 and its 200-day moving average is GBX 73.24. The company’s market cap is £814.7 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.