Debenhams Plc (DEB) Receives “Hold” Rating from Deutsche Bank AG
Debenhams Plc (LON:DEB)‘s stock had its “hold” rating reaffirmed by Deutsche Bank AG in a note issued to investors on Friday. They presently have a GBX 45 ($0.58) price objective on the stock. Deutsche Bank AG’s price objective would suggest a potential upside of 7.78% from the stock’s previous close.
Several other research analysts also recently issued reports on the stock. HSBC Holdings plc lowered their price target on shares of Debenhams Plc from GBX 48 ($0.62) to GBX 42 ($0.54) and set a “reduce” rating for the company in a report on Wednesday, May 17th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and set a GBX 44 ($0.57) price target on shares of Debenhams Plc in a report on Wednesday, July 5th. Liberum Capital reiterated a “hold” rating and set a GBX 58 ($0.75) price target on shares of Debenhams Plc in a report on Monday, May 15th. Peel Hunt reiterated a “hold” rating and set a GBX 50 ($0.65) price target on shares of Debenhams Plc in a report on Tuesday, June 27th. Finally, Numis Securities Ltd reiterated a “hold” rating and set a GBX 45 ($0.58) price target on shares of Debenhams Plc in a report on Wednesday, June 28th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 47.86 ($0.62).
Shares of Debenhams Plc (LON:DEB) traded down 0.60% on Friday, reaching GBX 41.75. The company’s stock had a trading volume of 705,731 shares. Debenhams Plc has a 52-week low of GBX 39.56 and a 52-week high of GBX 63.80. The firm has a 50 day moving average of GBX 42.12 and a 200 day moving average of GBX 48.07. The company’s market cap is GBX 512.31 million.
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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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