Debenhams Capital’s (DEBS) Buy Rating Reiterated at Shore Capital Group

Debenhams Capital (LON:DEBS)‘s stock had its “buy” rating reissued by equities research analysts at Shore Capital Group in a research note issued to investors on Thursday, London Stock Exchange reports. They presently have a GBX 35 price objective on the stock. Shore Capital Group’s target price would suggest a potential upside of 42.86% from the stock’s previous close.

Debenhams Capital Stock Up 15.3%

Shares of LON:DEBS opened at GBX 24.50 on Thursday. Debenhams Capital has a 52-week low of GBX 10.30 and a 52-week high of GBX 29.50. The stock has a market cap of £385.39 million and a price-to-earnings ratio of -3.17. The business has a 50-day moving average price of GBX 22.15 and a 200-day moving average price of GBX 20.37.

Debenhams Capital (LON:DEBS) last issued its quarterly earnings results on Tuesday, June 16th. The company reported GBX (2.36) earnings per share for the quarter. The company had revenue of £917 million for the quarter.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.