Debenhams Plc (DEB) Receives GBX 48.21 Consensus PT from Brokerages
Shares of Debenhams Plc (LON:DEB) have received a consensus recommendation of “Hold” from the fifteen brokerages that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 48.21 ($0.63).
Several research analysts recently commented on the stock. Canaccord Genuity cut their price objective on shares of Debenhams Plc from GBX 55 ($0.72) to GBX 45 ($0.59) and set a “hold” rating for the company in a report on Wednesday, June 28th. Deutsche Bank AG cut their price objective on shares of Debenhams Plc from GBX 50 ($0.66) to GBX 45 ($0.59) and set a “hold” rating for the company in a report on Wednesday, June 28th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 55 ($0.72) price objective on shares of Debenhams Plc in a report on Tuesday, September 19th. Citigroup Inc. reaffirmed a “neutral” rating and issued a GBX 45 ($0.59) price objective on shares of Debenhams Plc in a report on Thursday, June 29th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 58 ($0.76) price objective on shares of Debenhams Plc in a report on Tuesday, June 27th.
Debenhams Plc (LON DEB) traded down 1.59% during midday trading on Friday, hitting GBX 46.50. 1,297,794 shares of the stock were exchanged. Debenhams Plc has a 1-year low of GBX 39.75 and a 1-year high of GBX 59.35. The firm’s market capitalization is GBX 570.60 million. The firm’s 50-day moving average price is GBX 43.95 and its 200 day moving average price is GBX 46.83.
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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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