Debenhams Plc (DEB) Rating Reiterated by Deutsche Bank AG

Debenhams Plc (LON:DEB)‘s stock had its ” sell” rating reiterated by analysts at Deutsche Bank AG in a research report issued to clients and investors on Wednesday. They presently have a GBX 52 ($0.65) price objective on the stock. Deutsche Bank AG’s price target would indicate a potential downside of 4.59% from the stock’s previous close.

Several other brokerages also recently issued reports on DEB. HSBC Holdings plc reiterated a “reduce” rating and issued a GBX 50 ($0.62) price objective on shares of Debenhams Plc in a research report on Tuesday, January 3rd. Peel Hunt reiterated a “hold” rating and issued a GBX 70 ($0.87) price objective on shares of Debenhams Plc in a research report on Friday, January 13th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 55 ($0.69) price objective on shares of Debenhams Plc in a research report on Monday, January 16th. Goldman Sachs Group, Inc. (The) lifted their price objective on Debenhams Plc from GBX 50 ($0.62) to GBX 51 ($0.64) and gave the company a “sell” rating in a research report on Monday, November 28th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 58 ($0.72) price objective on shares of Debenhams Plc in a research report on Thursday, November 17th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. Debenhams Plc currently has a consensus rating of “Hold” and an average target price of GBX 59.23 ($0.74).

Analyst Recommendations for Debenhams Plc (LON:DEB)

Debenhams Plc (LON:DEB) traded down 1.01% during trading on Wednesday, hitting GBX 53.95. The company had a trading volume of 3,507,902 shares. Debenhams Plc has a 12-month low of GBX 51.25 and a 12-month high of GBX 82.15. The firm has a 50-day moving average of GBX 54.61 and a 200 day moving average of GBX 56.66. The company’s market capitalization is GBX 662.26 million.

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About Debenhams Plc

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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