Debenhams (LON:DEB)‘s stock had its “hold” rating restated by analysts at Peel Hunt in a research note issued on Tuesday. They presently have a GBX 55 ($0.74) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 64.33% from the stock’s current price.

Other research analysts have also issued research reports about the company. Jefferies Group reissued a “hold” rating and issued a GBX 47 ($0.63) target price on shares of Debenhams in a research report on Friday, October 27th. Liberum Capital reissued a “hold” rating and issued a GBX 58 ($0.78) target price on shares of Debenhams in a research report on Thursday, October 26th. Deutsche Bank reissued a “hold” rating and issued a GBX 45 ($0.61) target price on shares of Debenhams in a research report on Tuesday, October 24th. Numis Securities reissued a “hold” rating and issued a GBX 45 ($0.61) target price on shares of Debenhams in a research report on Monday, October 30th. Finally, J P Morgan Chase & Co reissued an “underweight” rating and issued a GBX 38 ($0.51) target price on shares of Debenhams in a research report on Friday, October 27th. Six investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 46.71 ($0.63).

Debenhams (LON:DEB) traded down GBX 1.03 ($0.01) on Tuesday, reaching GBX 33.47 ($0.45). The company’s stock had a trading volume of 6,830,000 shares, compared to its average volume of 3,630,000. Debenhams has a fifty-two week low of GBX 32.72 ($0.44) and a fifty-two week high of GBX 59.01 ($0.79).

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About Debenhams

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.

Analyst Recommendations for Debenhams (LON:DEB)

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