Royal Bank of Canada reaffirmed their sector perform rating on shares of Debenhams (LON:DEB) in a research report sent to investors on Thursday. They currently have a GBX 12 ($0.16) price target on the stock.
Other equities research analysts have also issued reports about the company. Peel Hunt reaffirmed a sell rating on shares of Debenhams in a research report on Thursday. Liberum Capital reaffirmed a hold rating and set a GBX 5 ($0.07) target price (down from GBX 10 ($0.13)) on shares of Debenhams in a research report on Thursday. Finally, JPMorgan Chase & Co. cut their target price on Debenhams from GBX 26 ($0.34) to GBX 18 ($0.24) and set an underweight rating on the stock in a research report on Friday, October 26th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Debenhams currently has an average rating of Hold and an average target price of GBX 16.56 ($0.22).
Shares of Debenhams stock traded down GBX 0.91 ($0.01) on Thursday, reaching GBX 3.91 ($0.05). 58,990,619 shares of the company were exchanged, compared to its average volume of 3,850,000. Debenhams has a fifty-two week low of GBX 25.46 ($0.33) and a fifty-two week high of GBX 55.60 ($0.73).
Debenhams Company Profile
Debenhams plc, through its subsidiaries, operates and franchises a range of department stores in the United Kingdom, the Republic of Ireland, Denmark, and internationally. It provides women's wear, men's wear, kids wear, and lingerie, as well as beauty, home, furniture, gift and toy, electrical, Christmas, and others products.
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