Debenhams Plc (DEB) Given Hold Rating at Deutsche Bank AG
Debenhams Plc (LON:DEB)‘s stock had its ” hold” rating reissued by analysts at Deutsche Bank AG in a report issued on Wednesday. They currently have a GBX 60 ($0.74) price objective on the stock. Deutsche Bank AG’s price objective points to a potential upside of 4.53% from the company’s previous close.
Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 65 ($0.80) target price on shares of Debenhams Plc in a research report on Monday, July 18th. Peel Hunt downgraded shares of Debenhams Plc to a “hold” rating and decreased their target price for the stock from GBX 100 ($1.24) to GBX 80 ($0.99) in a research report on Wednesday, June 22nd. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Debenhams Plc in a research report on Thursday, June 23rd. Jefferies Group decreased their target price on shares of Debenhams Plc from GBX 75 ($0.93) to GBX 55 ($0.68) and set a “hold” rating for the company in a research report on Tuesday, July 5th. Finally, Liberum Capital decreased their target price on shares of Debenhams Plc from GBX 73 ($0.90) to GBX 58 ($0.72) and set a “hold” rating for the company in a research report on Tuesday, July 5th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 69.08 ($0.85).
Debenhams Plc (LON:DEB) opened at 56.80 on Wednesday. The company’s 50-day moving average price is GBX 58.99 and its 200 day moving average price is GBX 65.32. The company’s market capitalization is GBX 697.05 million. Debenhams Plc has a 52 week low of GBX 51.25 and a 52 week high of GBX 90.00.
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Debenhams Plc Company Profile
Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company’s brand trades through approximately 240 stores in 27 countries. The Company’s segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses.
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