Debenhams (DEB) Receives Sell Rating from Liberum Capital

Debenhams (LON:DEB)‘s stock had its “sell” rating reaffirmed by stock analysts at Liberum Capital in a research report issued to clients and investors on Friday. They presently have a GBX 25 ($0.35) price objective on the stock. Liberum Capital’s target price points to a potential downside of 17.22% from the company’s current price.

Other equities analysts have also issued reports about the stock. Jefferies Group reaffirmed a “hold” rating and set a GBX 47 ($0.66) target price on shares of Debenhams in a research report on Friday, October 27th. Peel Hunt lowered shares of Debenhams to a “sell” rating and set a GBX 55 ($0.77) target price on the stock. in a research report on Thursday, January 4th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 45 ($0.63) target price on shares of Debenhams in a research report on Monday, October 30th. Numis Securities reaffirmed a “hold” rating and set a GBX 30 ($0.42) target price on shares of Debenhams in a research report on Thursday, January 4th. Finally, Berenberg Bank reduced their target price on shares of Debenhams from GBX 37 ($0.52) to GBX 19 ($0.27) and set a “sell” rating on the stock in a research report on Friday, January 5th. Six analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 34.23 ($0.48).

Shares of Debenhams (DEB) traded down GBX 0.34 ($0.00) during midday trading on Friday, reaching GBX 30.20 ($0.42). 3,530,000 shares of the company’s stock traded hands, compared to its average volume of 6,160,000. The company has a market capitalization of $370.80 and a P/E ratio of 755.00. Debenhams has a twelve month low of GBX 27.10 ($0.38) and a twelve month high of GBX 56.06 ($0.79).

In other Debenhams news, insider Sergio Bucher acquired 169,000 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The shares were bought at an average cost of GBX 30 ($0.42) per share, with a total value of £50,700 ($71,197.87). Also, insider Ian Cheshire acquired 175,000 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The shares were acquired at an average cost of GBX 29 ($0.41) per share, for a total transaction of £50,750 ($71,268.08). Over the last three months, insiders have purchased 419,000 shares of company stock worth $12,470,000.

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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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