Debenhams (LON:DEB)‘s stock had its “hold” rating reiterated by Liberum Capital in a research note issued on Wednesday. They currently have a GBX 10 ($0.13) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 13.27% from the company’s previous close.
Several other equities analysts also recently issued reports on the company. Peel Hunt reissued a “sell” rating on shares of Debenhams in a research report on Wednesday, August 22nd. Royal Bank of Canada cut their target price on Debenhams from GBX 19 ($0.25) to GBX 15 ($0.20) and set a “sector performer” rating on the stock in a research report on Tuesday, October 16th. Deutsche Bank reissued a “hold” rating on shares of Debenhams in a research report on Tuesday, July 3rd. Finally, JPMorgan Chase & Co. cut their target price on Debenhams from GBX 26 ($0.34) to GBX 18 ($0.24) and set an “underweight” rating on the stock in a research report on Friday, October 26th. Four equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 21.46 ($0.28).
LON DEB opened at GBX 8.83 ($0.12) on Wednesday. Debenhams has a 1 year low of GBX 25.46 ($0.33) and a 1 year high of GBX 55.60 ($0.73).
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.
Further Reading: What are trading strategies for the 52-week high/low?
Receive News & Ratings for Debenhams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Debenhams and related companies with MarketBeat.com's FREE daily email newsletter.