Debenhams (LON:DEB) PT Lowered to GBX 25
Debenhams (LON:DEB) had its target price lowered by Liberum Capital from GBX 40 ($0.56) to GBX 25 ($0.35) in a research note published on Thursday, January 4th. The brokerage currently has a sell rating on the stock.
Several other brokerages have also issued reports on DEB. Peel Hunt reaffirmed a hold rating and issued a GBX 55 ($0.77) target price on shares of Debenhams in a research note on Tuesday, September 19th. Deutsche Bank reduced their target price on shares of Debenhams from GBX 45 ($0.63) to GBX 42 ($0.59) and set a hold rating on the stock in a research note on Friday, December 8th. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 38 ($0.53) target price on shares of Debenhams in a research note on Friday, October 27th. Finally, Jefferies Group reaffirmed a hold rating and issued a GBX 47 ($0.66) target price on shares of Debenhams in a research note on Friday, October 27th. Six research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. Debenhams has an average rating of Hold and a consensus price target of GBX 34.23 ($0.48).
Shares of Debenhams (LON:DEB) traded up GBX 1.26 ($0.02) during trading hours on Thursday, reaching GBX 31.86 ($0.45). 3,807,212 shares of the company’s stock were exchanged, compared to its average volume of 6,370,000. Debenhams has a 12-month low of GBX 27.10 ($0.38) and a 12-month high of GBX 56.06 ($0.79). The company has a market cap of $391.92 and a price-to-earnings ratio of 796.50.
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Debenhams 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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