Debenhams (LON:DEB)‘s stock had its “neutral” rating reiterated by equities research analysts at Citigroup in a report issued on Friday, January 5th. They currently have a GBX 30 ($0.42) target price on the stock. Citigroup’s price target would suggest a potential downside of 5.84% from the company’s current price.

Several other brokerages have also issued reports on DEB. Numis Securities reaffirmed a “hold” rating and issued a GBX 30 ($0.42) target price on shares of Debenhams in a research note on Thursday, January 4th. 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. Royal Bank of Canada reaffirmed a “sector performer” rating and issued a GBX 42 ($0.59) target price on shares of Debenhams in a research note on Thursday, January 4th. 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, 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. 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).

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Shares of Debenhams (LON:DEB) traded up GBX 1.26 ($0.02) during trading hours on Friday, 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.

In related news, insider Sergio Bucher bought 169,000 shares of the company’s stock in a transaction on Monday, January 8th. The shares were purchased at an average cost of GBX 30 ($0.42) per share, for a total transaction of £50,700 ($71,197.87). Also, insider Ian Cheshire acquired 175,000 shares of the stock in a transaction dated Friday, January 5th. The stock was acquired at an average price of GBX 29 ($0.41) per share, for a total transaction of £50,750 ($71,268.08). Insiders have acquired a total of 419,000 shares of company stock worth $12,470,000 over the last 90 days.

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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.

Analyst Recommendations for Debenhams (LON:DEB)

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