Debenhams Plc (DEB) Receives Average Recommendation of “Hold” from Analysts

Shares of Debenhams Plc (LON:DEB) have earned an average recommendation of “Hold” from the fifteen analysts that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 47.86 ($0.62).

Several research firms have recently issued reports on DEB. Liberum Capital restated a “hold” rating and issued a GBX 58 ($0.75) price target on shares of Debenhams Plc in a research report on Tuesday, June 27th. Deutsche Bank AG reduced their price target on Debenhams Plc from GBX 50 ($0.65) to GBX 45 ($0.58) and set a “hold” rating on the stock in a research report on Wednesday, June 28th. HSBC Holdings plc restated a “reduce” rating and issued a GBX 42 ($0.54) price target on shares of Debenhams Plc in a research report on Wednesday, June 7th. Peel Hunt restated a “hold” rating and issued a GBX 50 ($0.65) price target on shares of Debenhams Plc in a research report on Tuesday, June 27th. Finally, J P Morgan Chase & Co reduced their price target on Debenhams Plc from GBX 46 ($0.59) to GBX 38 ($0.49) and set an “underweight” rating on the stock in a research report on Friday, June 30th.

Shares of Debenhams Plc (DEB) opened at 41.75 on Tuesday. The stock’s 50 day moving average price is GBX 42.06 and its 200-day moving average price is GBX 47.90. The firm’s market capitalization is GBX 512.31 million. Debenhams Plc has a 12 month low of GBX 39.75 and a 12 month high of GBX 61.00.

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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.

Analyst Recommendations for Debenhams Plc (LON:DEB)

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