Debenhams Capital’s (DEBS) Buy Rating Reiterated at Shore Capital Group

Debenhams Capital (LON:DEBS)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital Group in a report issued on Tuesday,Digital Look reports. They presently have a GBX 35 price objective on the stock. Shore Capital Group’s target price points to a potential upside of 37.25% from the stock’s previous close.

Debenhams Capital Price Performance

Shares of Debenhams Capital stock opened at GBX 25.50 on Tuesday. Debenhams Capital has a 1-year low of GBX 10.30 and a 1-year high of GBX 29.50. The business has a 50-day moving average of GBX 20.83 and a 200-day moving average of GBX 20.48. The company has a market capitalization of £401.12 million and a PE ratio of -3.29.

Debenhams Capital (LON:DEBS) last posted its quarterly earnings data on Tuesday, June 16th. The company reported GBX (2.36) earnings per share (EPS) for the quarter. The business had revenue of £917 million during the quarter.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.