Debenhams (LON:DEB)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a report released on Friday. They presently have a GBX 33 ($0.45) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 10.44% from the company’s current price.
Several other equities research analysts also recently weighed in on the stock. Liberum Capital reiterated a “sell” rating on shares of Debenhams in a research note on Wednesday, January 10th. Canaccord Genuity decreased their target price on shares of Debenhams from GBX 44 ($0.60) to GBX 28 ($0.38) and set a “hold” rating for the company in a research note on Friday, January 5th. Citigroup reiterated a “neutral” rating and set a GBX 30 ($0.41) target price on shares of Debenhams in a research note on Friday, January 5th. Berenberg Bank decreased their target price on shares of Debenhams from GBX 37 ($0.50) to GBX 19 ($0.26) and set a “sell” rating for the company in a research note on Friday, January 5th. Finally, Numis Securities reiterated a “hold” rating and set a GBX 30 ($0.41) target price on shares of Debenhams in a research note on Thursday, January 4th. Six analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 34.23 ($0.46).
Debenhams (DEB) traded down GBX 0.22 ($0.00) during midday trading on Friday, reaching GBX 29.88 ($0.41). 5,281,812 shares of the company’s stock traded hands, compared to its average volume of 6,060,000. Debenhams has a one year low of GBX 27.10 ($0.37) and a one year high of GBX 56.06 ($0.76). The firm has a market capitalization of $366.87 and a P/E ratio of 747.00.
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Debenhams 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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