Debenhams (LON:DEB)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank in a research report issued to clients and investors on Wednesday. They presently have a GBX 33 ($0.46) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 12.86% from the stock’s previous close.

Several other research firms have also issued reports on DEB. Jefferies Group reaffirmed a “hold” rating and issued a GBX 47 ($0.65) target price on shares of Debenhams in a report on Friday, October 27th. Liberum Capital reaffirmed a “sell” rating on shares of Debenhams in a report on Wednesday, January 10th. Citigroup reaffirmed a “neutral” rating and issued a GBX 30 ($0.41) target price on shares of Debenhams in a report on Friday, January 5th. Berenberg Bank reduced their target price on Debenhams from GBX 37 ($0.51) to GBX 19 ($0.26) and set a “sell” rating for the company in a report on Friday, January 5th. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 30 ($0.41) target price on shares of Debenhams in a report on Thursday, January 4th. Six investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 34.23 ($0.47).

Debenhams (LON:DEB) opened at GBX 29.24 ($0.40) on Wednesday. The stock has a market capitalization of $359.02 and a P/E ratio of 731.00. Debenhams has a twelve month low of GBX 26.06 ($0.36) and a twelve month high of GBX 55.60 ($0.77).

In other news, insider Sergio Bucher acquired 169,000 shares of Debenhams stock in a transaction on Monday, January 8th. The stock was acquired at an average cost of GBX 30 ($0.41) per share, with a total value of £50,700 ($70,046.97). Also, insider David Adams acquired 75,000 shares of Debenhams stock in a transaction on Tuesday, January 16th. The shares were purchased at an average cost of GBX 31 ($0.43) per share, with a total value of £23,250 ($32,122.13). Over the last three months, insiders have acquired 419,000 shares of company stock valued at $12,470,000.

ILLEGAL ACTIVITY WARNING: “Debenhams (DEB) Rating Reiterated by Deutsche Bank” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this piece can be read at https://www.thecerbatgem.com/2018/02/14/debenhams-deb-rating-reiterated-by-deutsche-bank.html.

About Debenhams

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.