Debenhams Plc (DEB) Stock Rating Reaffirmed by Deutsche Bank AG
Debenhams Plc (LON:DEB)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank AG in a report issued on Friday. They currently have a GBX 45 ($0.58) price target on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 7.78% from the company’s current price.
Several other analysts also recently issued reports on DEB. Liberum Capital reaffirmed a “hold” rating and set a GBX 58 ($0.75) price objective on shares of Debenhams Plc in a report on Monday, May 15th. HSBC Holdings plc decreased their price objective on shares of Debenhams Plc from GBX 48 ($0.62) to GBX 42 ($0.54) and set a “reduce” rating for the company in a report on Wednesday, May 17th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and set a GBX 51 ($0.66) price objective on shares of Debenhams Plc in a report on Tuesday, June 20th. Peel Hunt reaffirmed a “hold” rating and set a GBX 50 ($0.65) price objective on shares of Debenhams Plc in a report on Tuesday, June 27th. Finally, Investec decreased their price objective on shares of Debenhams Plc from GBX 46 ($0.59) to GBX 39 ($0.50) and set a “sell” rating for the company in a report on Tuesday, June 27th. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 47.86 ($0.62).
Shares of Debenhams Plc (DEB) opened at 41.75 on Friday. The company’s 50-day moving average is GBX 42.12 and its 200 day moving average is GBX 48.07. Debenhams Plc has a 1-year low of GBX 39.56 and a 1-year high of GBX 63.80. The stock’s market cap is GBX 512.31 million.
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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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