Several other research analysts have also recently weighed in on the stock. Numis Securities restated a hold rating and issued a GBX 30 ($0.40) price objective on shares of Debenhams in a research report on Thursday. Peel Hunt lowered shares of Debenhams to a sell rating and set a GBX 55 ($0.74) target price for the company. in a report on Thursday. Royal Bank of Canada reaffirmed a sector performer rating and set a GBX 42 ($0.56) target price on shares of Debenhams in a report on Thursday. Liberum Capital lowered their target price on shares of Debenhams from GBX 40 ($0.53) to GBX 25 ($0.33) and set a sell rating for the company in a report on Thursday. Finally, Jefferies Group reissued a hold rating and issued a GBX 47 ($0.63) price target on shares of Debenhams in a report on Tuesday, January 2nd. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 36.79 ($0.49).
Debenhams (LON DEB) opened at GBX 29.32 ($0.39) on Friday. Debenhams has a 1 year low of GBX 27.10 ($0.36) and a 1 year high of GBX 59.01 ($0.79). The firm has a market cap of $360.00 and a P/E ratio of 733.00.
In other Debenhams news, insider Ian Cheshire bought 175,000 shares of the firm’s stock in a transaction on Friday, January 5th. The shares were purchased at an average price of GBX 29 ($0.39) per share, for a total transaction of £50,750 ($67,856.67).
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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