Debenhams (LON:DEB)‘s stock had its “hold” rating restated by Deutsche Bank in a report released on Friday.
Other analysts have also issued research reports about the stock. Liberum Capital restated a “sell” rating on shares of Debenhams in a research report on Wednesday, January 10th. Berenberg Bank cut their target price on shares of Debenhams from GBX 37 ($0.52) to GBX 19 ($0.27) and set a “sell” rating on the stock in a research report on Friday, January 5th. Numis Securities restated a “hold” rating and issued a GBX 30 ($0.42) target price on shares of Debenhams in a research report on Thursday, January 4th. Peel Hunt lowered shares of Debenhams to a “sell” rating and set a GBX 55 ($0.77) target price on the stock. in a research report on Thursday, January 4th. Finally, Royal Bank of Canada restated a “sector performer” rating and issued a GBX 42 ($0.59) target price on shares of Debenhams in a research report on Thursday, January 4th. Six investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 31.15 ($0.44).
Shares of Debenhams stock opened at GBX 21.90 ($0.31) on Friday. Debenhams has a fifty-two week low of GBX 25.46 ($0.36) and a fifty-two week high of GBX 55.60 ($0.78).
In other news, insider Sergio Bucher bought 169,000 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was acquired at an average price of GBX 30 ($0.42) per share, with a total value of £50,700 ($71,167.88). Also, insider David Adams bought 75,000 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were purchased at an average cost of GBX 31 ($0.44) per share, with a total value of £23,250 ($32,636.16).
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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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