Liberum Capital reaffirmed their sell rating on shares of Debenhams (LON:DEB) in a report released on Wednesday.

DEB has been the topic of a number of other research reports. Peel Hunt restated a hold rating and set a GBX 55 ($0.75) price objective on shares of Debenhams in a research report on Tuesday, September 19th. Deutsche Bank reduced their price objective on Debenhams from GBX 45 ($0.61) to GBX 42 ($0.57) and set a hold rating on the stock in a research report on Friday, December 8th. Citigroup restated a neutral rating and set a GBX 30 ($0.41) price objective on shares of Debenhams in a research report on Friday, January 5th. Investec reduced their price objective on Debenhams from GBX 34 ($0.46) to GBX 28 ($0.38) and set a hold rating on the stock in a research report on Friday, January 5th. Finally, Royal Bank of Canada restated a sector performer rating and set a GBX 42 ($0.57) price objective on shares of Debenhams in a research report on Thursday, January 4th. Six investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 34.23 ($0.46).

Shares of Debenhams (DEB) opened at GBX 29.90 ($0.41) on Wednesday. The firm has a market capitalization of $367.12 and a price-to-earnings ratio of 747.50. Debenhams has a 52-week low of GBX 27.10 ($0.37) and a 52-week high of GBX 59.01 ($0.80).

The business also recently declared a dividend, which will be paid on Friday, January 19th. Shareholders of record on Thursday, December 7th will be given a GBX 2.40 ($0.03) dividend. This represents a dividend yield of 5.71%. The ex-dividend date of this dividend is Thursday, December 7th. This is a positive change from Debenhams’s previous dividend of $1.03.

In other Debenhams news, insider Ian Cheshire acquired 175,000 shares of the company’s stock in a transaction dated Friday, January 5th. The shares were bought at an average cost of GBX 29 ($0.39) per share, with a total value of £50,750 ($68,822.89). Also, insider Sergio Bucher acquired 169,000 shares of the company’s stock in a transaction dated Monday, January 8th. The stock was acquired at an average cost of GBX 30 ($0.41) per share, for a total transaction of £50,700 ($68,755.09).

COPYRIGHT VIOLATION WARNING: This news story was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2018/01/14/debenhams-deb-sell-rating-reiterated-at-liberum-capital.html.

Debenhams 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 (LON:DEB)

Receive News & Ratings for Debenhams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Debenhams and related companies with MarketBeat.com's FREE daily email newsletter.