Debenhams Plc’s (LON:DEB) Hold Rating Reaffirmed at Liberum Capital
DEB has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) reaffirmed a sell rating and issued a GBX 51 ($0.66) target price on shares of Debenhams Plc in a report on Tuesday, June 20th. Jefferies Group LLC decreased their price target on shares of Debenhams Plc from GBX 55 ($0.71) to GBX 50 ($0.65) and set a hold rating on the stock in a research note on Tuesday, February 28th. HSBC Holdings plc reiterated a reduce rating and issued a GBX 50 ($0.65) price target on shares of Debenhams Plc in a research note on Wednesday, March 22nd. Royal Bank Of Canada reiterated a sector perform rating and issued a GBX 60 ($0.78) price target on shares of Debenhams Plc in a research note on Thursday, April 20th. Finally, Berenberg Bank cut shares of Debenhams Plc to a sell rating and decreased their target price for the company from GBX 75 ($0.97) to GBX 46 ($0.60) in a research report on Thursday, March 2nd. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 48.27 ($0.63).
Debenhams Plc (LON:DEB) traded down 1.72% during midday trading on Tuesday, hitting GBX 42.75. The stock had a trading volume of 1,138,633 shares. The company’s 50 day moving average price is GBX 47.74 and its 200-day moving average price is GBX 52.42. Debenhams Plc has a 52 week low of GBX 42.25 and a 52 week high of GBX 64.25. The stock’s market capitalization is GBX 524.58 million.
ILLEGAL ACTIVITY NOTICE: This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://www.thecerbatgem.com/2017/07/16/liberum-capital-reiterates-hold-rating-for-debenhams-plc-deb-updated-updated.html.
The company also recently announced a dividend, which was paid on Friday, July 7th. Investors of record on Thursday, June 1st were given a dividend of GBX 1.03 ($0.01) per share. The ex-dividend date was Thursday, June 1st. This represents a yield of 1.95%.
In related news, insider Ian Cheshire purchased 50,000 shares of the firm’s stock in a transaction on Monday, May 15th. The stock was acquired at an average price of GBX 50 ($0.65) per share, with a total value of £25,000 ($32,383.42).
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.
Receive News & Stock Ratings for Debenhams Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Debenhams Plc and related stocks with our FREE daily email newsletter.