Deutsche Bank AG reiterated their hold rating on shares of Debenhams Plc (LON:DEB) in a research report released on Wednesday morning. The brokerage currently has a GBX 60 ($0.74) price objective on the stock.
Several other research firms have also commented on DEB. JPMorgan Chase & Co. lowered their price target on Debenhams Plc from GBX 64 ($0.79) to GBX 54 ($0.67) and set an underweight rating for the company in a research report on Tuesday, July 5th. Royal Bank Of Canada upgraded Debenhams Plc to a outperform rating and set a GBX 100 ($1.24) price target for the company in a research report on Monday, July 11th. Beaufort Securities restated a hold rating on shares of Debenhams Plc in a research report on Thursday, June 23rd. HSBC lowered Debenhams Plc from a hold rating to a reduce rating and lifted their target price for the company from GBX 53 ($0.66) to GBX 55 ($0.68) in a report on Friday, September 9th. Finally, Goldman Sachs Group Inc. decreased their target price on Debenhams Plc from GBX 80 ($0.99) to GBX 70 ($0.87) and set a sell rating for the company in a report on Thursday, June 23rd. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company’s stock. Debenhams Plc currently has an average rating of Hold and an average target price of GBX 69.08 ($0.85).
Debenhams Plc (LON:DEB) opened at 56.85 on Wednesday. The stock has a 50 day moving average price of GBX 58.73 and a 200-day moving average price of GBX 65.27. Debenhams Plc has a one year low of GBX 51.25 and a one year high of GBX 90.00. The firm’s market capitalization is GBX 697.66 million.
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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