Liberum Capital reiterated their sell rating on shares of Debenhams (LON:DEB) in a research note issued to investors on Wednesday, January 10th.
Several other equities analysts have also recently weighed in on the company. Jefferies Group restated a hold rating and set a GBX 47 ($0.66) price objective on shares of Debenhams in a research note on Friday, October 27th. Deutsche Bank reaffirmed a hold rating and set a GBX 45 ($0.63) target price on shares of Debenhams in a report on Monday, October 30th. Peel Hunt lowered Debenhams to a sell rating and set a GBX 55 ($0.77) target price for the company. in a report on Thursday, January 4th. Numis Securities reaffirmed a hold rating and set a GBX 30 ($0.42) target price on shares of Debenhams in a report on Thursday, January 4th. Finally, Berenberg Bank dropped their price target on Debenhams from GBX 37 ($0.52) to GBX 19 ($0.27) and set a sell rating for the company in a research report on Friday, January 5th. Six investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. Debenhams has a consensus rating of Hold and an average target price of GBX 34.23 ($0.48).
Debenhams (DEB) traded down GBX 2.04 ($0.03) during mid-day trading on Wednesday, reaching GBX 28.16 ($0.39). 5,758,513 shares of the company traded hands, compared to its average volume of 6,160,000. The firm has a market capitalization of $370.80 and a price-to-earnings ratio of 704.00. Debenhams has a fifty-two week low of GBX 27.10 ($0.38) and a fifty-two week high of GBX 56.06 ($0.79).
In related news, insider Sergio Bucher acquired 169,000 shares of the stock in a transaction on Monday, January 8th. The stock was purchased at an average price of GBX 30 ($0.42) per share, for a total transaction of £50,700 ($71,088.05). Also, insider David Adams acquired 75,000 shares of the stock in a transaction on Tuesday, January 16th. The stock was bought at an average price of GBX 31 ($0.43) per share, with a total value of £23,250 ($32,599.55). Insiders purchased a total of 419,000 shares of company stock valued at $12,470,000 in the last 90 days.
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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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