Debenhams (LON:DEB)‘s stock had its “sell” rating reissued by investment analysts at Goldman Sachs in a report issued on Monday.
DEB has been the subject of a number of other reports. Royal Bank of Canada cut their price target on Debenhams from GBX 30 ($0.43) to GBX 25 ($0.36) and set a “sector performer” rating for the company in a report on Monday, March 26th. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 33 ($0.47) price target on shares of Debenhams in a report on Friday, January 19th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 25 ($0.36) price target on shares of Debenhams in a report on Thursday, January 18th. Investec cut their price target on Debenhams from GBX 34 ($0.49) to GBX 28 ($0.40) and set a “hold” rating for the company in a report on Friday, January 5th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a GBX 47 ($0.67) price target on shares of Debenhams in a report on Tuesday, January 2nd. Six investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. Debenhams presently has an average rating of “Hold” and a consensus price target of GBX 27.69 ($0.40).
Debenhams stock opened at GBX 22.93 ($0.33) on Monday. Debenhams has a 12-month low of GBX 25.46 ($0.36) and a 12-month high of GBX 55.60 ($0.80).
Debenhams (LON:DEB) last released its quarterly earnings results on Thursday, April 19th. The company reported GBX 2.80 ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 3.60 ($0.05) by GBX (0.80) (($0.01)). Debenhams had a negative net margin of 2.32% and a negative return on equity of 4.88%.
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Debenhams plc, through its subsidiaries, operates and franchises a range of department stores in the United Kingdom, the Republic of Ireland, Denmark, and internationally. The company offers products in the categories of women's wear, men's wear, children's wear, lingerie, accessories, beauty, gift, home, furniture, electrical, and others.
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