Debenhams Plc’s (DEB) Hold Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG reissued their hold rating on shares of Debenhams Plc (LON:DEB) in a report released on Tuesday. The firm currently has a GBX 45 ($0.59) price objective on the stock.

Other equities analysts have also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 44 ($0.58) target price on shares of Debenhams Plc in a research report on Wednesday, July 5th. JPMorgan Chase & Co. decreased their target price on shares of Debenhams Plc from GBX 46 ($0.61) to GBX 38 ($0.50) and set an underweight rating on the stock in a research report on Friday, June 30th. Canaccord Genuity decreased their target price on shares of Debenhams Plc from GBX 55 ($0.73) to GBX 45 ($0.59) and set a hold rating on the stock in a research report on Wednesday, June 28th. Liberum Capital reiterated a hold rating and issued a GBX 58 ($0.77) target price on shares of Debenhams Plc in a research report on Tuesday, June 27th. Finally, Investec decreased their target price on shares of Debenhams Plc from GBX 46 ($0.61) to GBX 39 ($0.51) and set a sell rating on the stock in a research report on Tuesday, June 27th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 48.21 ($0.64).

Debenhams Plc (LON:DEB) traded up 2.19% during mid-day trading on Tuesday, reaching GBX 46.75. The company had a trading volume of 3,716,688 shares. The firm’s market capitalization is GBX 573.67 million. The firm has a 50-day moving average price of GBX 46.01 and a 200 day moving average price of GBX 46.28. Debenhams Plc has a 12-month low of GBX 39.56 and a 12-month high of GBX 59.35.

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Debenhams Plc 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.

Analyst Recommendations for Debenhams Plc (LON:DEB)

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