Debenhams Plc (DEB) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Debenhams Plc (LON:DEB) have been given an average rating of “Hold” by the fifteen research firms that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 47.86 ($0.62).
Several brokerages have commented on DEB. Citigroup Inc. restated a “neutral” rating and set a GBX 55 ($0.71) price target on shares of Debenhams Plc in a research note on Tuesday, April 25th. Liberum Capital restated a “hold” rating and set a GBX 58 ($0.75) price target on shares of Debenhams Plc in a research note on Tuesday, June 27th. Deutsche Bank AG dropped their price target on Debenhams Plc from GBX 50 ($0.65) to GBX 45 ($0.58) and set a “hold” rating for the company in a research note on Wednesday, June 28th. J P Morgan Chase & Co dropped their price target on Debenhams Plc from GBX 50 ($0.65) to GBX 46 ($0.60) and set an “underweight” rating for the company in a research note on Friday, April 21st. Finally, HSBC Holdings plc restated a “reduce” rating and set a GBX 42 ($0.55) price target on shares of Debenhams Plc in a research note on Wednesday, June 7th.
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Debenhams Plc (DEB) opened at 42.50 on Friday. The company’s 50-day moving average price is GBX 43.16 and its 200-day moving average price is GBX 49.48. The stock’s market capitalization is GBX 521.52 million. Debenhams Plc has a one year low of GBX 40.50 and a one year high of GBX 64.25.
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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