Debenhams (DEB) PT Lowered to GBX 25

Debenhams (LON:DEB) had its price objective lowered by research analysts at Liberum Capital from GBX 40 ($0.53) to GBX 25 ($0.33) in a report issued on Thursday. The firm currently has a “sell” rating on the stock. Liberum Capital’s price target suggests a potential downside of 13.55% from the company’s current price.

Several other equities research analysts also recently issued reports on DEB. Jefferies Group reaffirmed a “hold” rating and set a GBX 47 ($0.63) price target on shares of Debenhams in a research note on Tuesday. Peel Hunt reaffirmed a “hold” rating and set a GBX 45 ($0.60) price target on shares of Debenhams in a research note on Wednesday, December 20th. Deutsche Bank dropped their price target on shares of Debenhams from GBX 45 ($0.60) to GBX 42 ($0.56) and set a “hold” rating on the stock in a research note on Friday, December 8th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 38 ($0.51) price target on shares of Debenhams in a research note on Friday, October 27th. Six research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 36.79 ($0.49).

Shares of Debenhams (LON:DEB) opened at GBX 28.92 ($0.39) on Thursday. Debenhams has a one year low of GBX 27.10 ($0.36) and a one year high of GBX 59.01 ($0.79). The stock has a market cap of $355.09 and a price-to-earnings ratio of 723.00.

In related news, insider Ian Cheshire bought 175,000 shares of the company’s stock in a transaction dated Friday, January 5th. The stock was bought at an average price of GBX 29 ($0.39) per share, with a total value of £50,750 ($67,856.67).

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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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