Liberum Capital Reiterates Sell Rating for Debenhams (DEB)
Debenhams (LON:DEB)‘s stock had its “sell” rating reiterated by Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 25 ($0.34) price target on the stock. Liberum Capital’s target price would indicate a potential downside of 16.72% from the stock’s previous close.
DEB has been the topic of several other reports. Peel Hunt reiterated a “hold” rating and set a GBX 55 ($0.75) target price on shares of Debenhams in a research report on Tuesday, December 5th. Deutsche Bank cut their target price on shares of 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 reiterated a “neutral” rating and set a GBX 30 ($0.41) target price on shares of Debenhams in a research report on Friday, January 5th. Investec cut their target price on shares of 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 reiterated a “sector performer” rating and set a GBX 42 ($0.57) target price on shares of Debenhams in a research report on Thursday, January 4th. Six equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. Debenhams has an average rating of “Hold” and an average target price of GBX 34.23 ($0.46).
Shares of Debenhams (LON:DEB) opened at GBX 30.02 ($0.41) on Thursday. Debenhams has a 1 year low of GBX 27.10 ($0.37) and a 1 year high of GBX 56.06 ($0.76). The company has a market cap of $368.59 and a P/E ratio of 750.50.
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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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