Debenhams Plc (DEB) Stock Rating Reaffirmed by Liberum Capital

Debenhams Plc (LON:DEB)‘s stock had its “hold” rating restated by Liberum Capital in a note issued to investors on Monday, May 8th. They presently have a GBX 58 ($0.75) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 15.42% from the company’s previous close.

A number of other equities research analysts have also issued reports on the stock. Jefferies Group LLC reaffirmed a “hold” rating and set a GBX 50 ($0.65) price objective on shares of Debenhams Plc in a report on Wednesday, April 26th. Citigroup Inc reaffirmed a “neutral” rating and set a GBX 55 ($0.71) price objective on shares of Debenhams Plc in a report on Tuesday, April 25th. Deutsche Bank AG raised shares of Debenhams Plc to a “hold” rating and cut their price objective for the company from GBX 52 ($0.67) to GBX 50 ($0.65) in a report on Friday, April 21st. JPMorgan Chase & Co. cut their price objective on shares of Debenhams Plc from GBX 50 ($0.65) to GBX 46 ($0.59) and set an “underweight” rating for the company in a report on Friday, April 21st. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 60 ($0.77) target price on shares of Debenhams Plc in a report on Thursday, April 20th. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 53.21 ($0.69).

Analyst Recommendations for Debenhams Plc (LON:DEB)

Shares of Debenhams Plc (LON:DEB) opened at 50.25 on Monday. The stock’s 50 day moving average is GBX 52.37 and its 200-day moving average is GBX 54.36. The company’s market cap is GBX 616.62 million. Debenhams Plc has a one year low of GBX 49.79 and a one year high of GBX 75.95.

The company also recently disclosed a dividend, which will be paid on Friday, July 7th. Investors of record on Thursday, June 1st will be issued a GBX 1.03 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, June 1st. This represents a dividend yield of 1.95%.

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In other news, insider Ian Cheshire acquired 50,000 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average cost of GBX 50 ($0.65) per share, for a total transaction of £25,000 ($32,270.56). Also, insider Sergio Bucher acquired 187,617 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The stock was purchased at an average price of GBX 53 ($0.68) per share, with a total value of £99,437.01 ($128,355.51).

About Debenhams Plc

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.

12 Month Chart for LON:DEB

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