Shares of Debenhams Plc (LON:DEB) have earned a consensus recommendation of “Hold” from the nineteen analysts that are presently covering the company. Five analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 65.86 ($0.82).

A number of brokerages recently issued reports on DEB. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 65 ($0.81) price objective on shares of Debenhams Plc in a report on Monday, July 18th. Haitong Bank restated a “buy” rating and issued a GBX 70 ($0.87) target price on shares of Debenhams Plc in a research note on Thursday, October 27th. Liberum Capital restated a “hold” rating and issued a GBX 58 ($0.72) target price on shares of Debenhams Plc in a research note on Thursday, October 27th. Peel Hunt decreased their target price on Debenhams Plc from GBX 100 ($1.24) to GBX 70 ($0.87) and set a “hold” rating on the stock in a research note on Thursday, October 27th. Finally, JPMorgan Chase & Co. decreased their target price on Debenhams Plc from GBX 54 ($0.67) to GBX 50 ($0.62) and set an “underweight” rating on the stock in a research note on Tuesday.

The firm also recently disclosed a dividend, which will be paid on Tuesday, January 24th. Shareholders of record on Thursday, December 8th will be issued a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, December 8th. This represents a yield of 4.34%. This is a boost from Debenhams Plc’s previous dividend of $1.03.

In other news, insider Matt Smith bought 44,465 shares of the stock in a transaction dated Wednesday, November 9th. The stock was bought at an average price of GBX 56 ($0.69) per share, for a total transaction of £24,900.40 ($30,844.05).

About Debenhams Plc

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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