HSBC Holdings plc reaffirmed their reduce rating on shares of Debenhams Plc (LON:DEB) in a report issued on Friday morning. The firm currently has a GBX 38 ($0.50) price target on the stock.

A number of other analysts also recently weighed in on DEB. Liberum Capital reissued a hold rating and set a GBX 58 ($0.76) price target on shares of Debenhams Plc in a research report on Wednesday, April 19th. Peel Hunt decreased their price target on shares of Debenhams Plc from GBX 70 ($0.91) to GBX 50 ($0.65) and set a hold rating for the company in a research report on Thursday, April 20th. Canaccord Genuity reissued a hold rating and set a GBX 60 ($0.78) price target on shares of Debenhams Plc in a research report on Thursday, April 20th. Royal Bank Of Canada reissued a sector perform rating and set a GBX 60 ($0.78) price target on shares of Debenhams Plc in a research report on Thursday, April 20th. Finally, J P Morgan Chase & Co decreased their price target on shares of Debenhams Plc from GBX 50 ($0.65) to GBX 46 ($0.60) and set an underweight rating for the company in a research report on Friday, April 21st. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 47.86 ($0.62).

Shares of Debenhams Plc (LON DEB) traded down 1.16% during midday trading on Friday, hitting GBX 42.75. The company’s stock had a trading volume of 1,098,829 shares. The company’s market cap is GBX 524.58 million. Debenhams Plc has a 1-year low of GBX 42.25 and a 1-year high of GBX 64.25. The company has a 50-day moving average price of GBX 44.80 and a 200 day moving average price of GBX 50.94.

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In related news, insider Ian Cheshire bought 50,000 shares of the business’s stock in a transaction on Monday, May 15th. The shares were bought at an average cost of GBX 50 ($0.65) per share, for a total transaction of £25,000 ($32,645.60).

Debenhams Plc 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 Plc (LON:DEB)

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