Debenhams (DEB) Earns “Hold” Rating from Peel Hunt
Peel Hunt reissued their hold rating on shares of Debenhams (LON:DEB) in a research note issued to investors on Wednesday morning. Peel Hunt currently has a GBX 45 ($0.61) price objective on the stock.
Several other equities research analysts have also recently commented on DEB. Deutsche Bank reaffirmed a hold rating and issued a GBX 45 ($0.61) price target on shares of Debenhams in a report on Friday, September 8th. Liberum Capital reaffirmed a hold rating and issued a GBX 58 ($0.78) price target on shares of Debenhams in a report on Thursday, October 26th. J P Morgan Chase & Co reaffirmed an underweight rating and issued a GBX 38 ($0.51) price target on shares of Debenhams in a report on Friday, October 27th. Jefferies Group reaffirmed a hold rating and issued a GBX 47 ($0.63) price target on shares of Debenhams in a report on Friday, October 27th. Finally, Numis Securities reaffirmed a hold rating and issued a GBX 45 ($0.61) price target on shares of Debenhams in a report on Monday, October 30th. Six analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Debenhams has an average rating of Hold and a consensus target price of GBX 46 ($0.62).
Debenhams (LON DEB) opened at GBX 35 ($0.47) on Wednesday. The firm has a market capitalization of $429.74 and a P/E ratio of 875.00. Debenhams has a 1 year low of GBX 32.39 ($0.44) and a 1 year high of GBX 59.01 ($0.79).
The company also recently disclosed a dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, December 7th will be paid a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This is a boost from Debenhams’s previous dividend of $1.03. This represents a dividend yield of 5.71%.
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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.
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