Zacks Investment Research downgraded shares of Debenhams (OTCMKTS:DBHSY) from a hold rating to a sell rating in a report issued on Monday.
According to Zacks, “Debenhams PLC operates department stores primarily in the United Kingdom, the Republic of Ireland, Denmark and internationally. The Company stores retail men’s, women’s and children’s clothes, cosmetics, electrical appliances, home furnishings, bicycles, luggage, garden products, flowers and giftware. It operates primarily in the United Kingdom, the Republic of Ireland, Denmark and internationally. Debenhams PLC is headquartered in London, the United Kingdom. “
Several other brokerages also recently weighed in on DBHSY. ValuEngine upgraded Debenhams from a hold rating to a buy rating in a report on Monday, November 20th. Liberum Capital cut Debenhams from a hold rating to a sell rating in a research report on Wednesday, November 1st. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company’s stock. Debenhams presently has an average rating of Hold.
Shares of Debenhams (OTCMKTS DBHSY) opened at $1.57 on Monday. The company has a quick ratio of 0.19, a current ratio of 0.66 and a debt-to-equity ratio of 0.22. Debenhams has a 1-year low of $1.60 and a 1-year high of $2.93.
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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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