Debenhams’ (DEB) “Hold” Rating Reaffirmed at Peel Hunt

Debenhams (LON:DEB)‘s stock had its “hold” rating reissued by research analysts at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 55 ($0.74) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 38.36% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. Numis Securities reiterated a “hold” rating and issued a GBX 45 ($0.61) price objective on shares of Debenhams in a report on Monday, October 30th. Deutsche Bank reiterated a “hold” rating and issued a GBX 45 ($0.61) price objective on shares of Debenhams in a report on Monday, October 30th. Jefferies Group reiterated a “hold” rating and issued a GBX 47 ($0.63) price objective on shares of Debenhams in a report on Friday, October 27th. Liberum Capital reiterated a “hold” rating and issued a GBX 58 ($0.78) price objective on shares of Debenhams in a report on Thursday, October 26th. Finally, J P Morgan Chase & Co reiterated an “underweight” rating and issued a GBX 38 ($0.51) price objective on shares of Debenhams in a report on Friday, October 27th. Six research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 46.93 ($0.63).

Debenhams (DEB) opened at GBX 39.75 ($0.53) on Tuesday. Debenhams has a twelve month low of GBX 36.25 ($0.49) and a twelve month high of GBX 59.01 ($0.79).

TRADEMARK VIOLATION WARNING: “Debenhams’ (DEB) “Hold” Rating Reaffirmed at Peel Hunt” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another site, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2017/12/05/debenhams-deb-hold-rating-reaffirmed-at-peel-hunt.html.

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.

Analyst Recommendations for Debenhams (LON:DEB)

Receive News & Ratings for Debenhams plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Debenhams plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply