Debenhams (LON:DEB) had its target price trimmed by JPMorgan Chase & Co. from GBX 38 ($0.53) to GBX 26 ($0.37) in a report published on Friday, January 5th. They currently have an underweight rating on the stock.

DEB has been the topic of a number of other research reports. Peel Hunt reiterated a hold rating and issued a GBX 55 ($0.77) price target on shares of Debenhams in a research report on Tuesday, September 19th. Deutsche Bank reiterated a hold rating and issued a GBX 45 ($0.63) price target on shares of Debenhams in a research report on Friday, September 8th. Citigroup reissued a neutral rating and issued a GBX 30 ($0.42) price objective on shares of Debenhams in a research note on Friday, January 5th. Jefferies Group reissued a hold rating and issued a GBX 47 ($0.66) price objective on shares of Debenhams in a research note on Tuesday, January 2nd. Finally, Royal Bank of Canada reissued a sector performer rating and issued a GBX 42 ($0.59) price objective on shares of Debenhams in a research note on Thursday, January 4th. Six research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 34.23 ($0.48).

Debenhams (DEB) traded up GBX 1.26 ($0.02) during midday trading on Friday, hitting GBX 31.86 ($0.45). The company’s stock had a trading volume of 3,807,212 shares, compared to its average volume of 6,370,000. Debenhams has a 1 year low of GBX 27.10 ($0.38) and a 1 year 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 price of GBX 30 ($0.42) per share, for a total transaction of £50,700 ($71,197.87). Also, insider David Adams bought 75,000 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were bought at an average price of GBX 31 ($0.44) per share, for a total transaction of £23,250 ($32,649.91). Over the last three months, insiders have acquired 419,000 shares of company stock valued at $12,470,000.

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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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