A number of other brokerages also recently issued reports on DEB. Peel Hunt reiterated a hold rating and set a GBX 55 ($0.72) price objective on shares of Debenhams plc in a research note on Tuesday, September 19th. Jefferies Group LLC reiterated a hold rating and set a GBX 47 ($0.62) price objective on shares of Debenhams plc in a research note on Friday, October 27th. J P Morgan Chase & Co reiterated an underweight rating and set a GBX 38 ($0.50) price objective on shares of Debenhams plc in a research note on Friday, October 27th. Liberum Capital reiterated a hold rating and set a GBX 58 ($0.76) price objective on shares of Debenhams plc in a research note on Thursday, October 26th. Finally, Numis Securities Ltd reiterated a hold rating and set a GBX 45 ($0.59) price objective on shares of Debenhams plc in a research note on Monday, October 30th. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. Debenhams plc currently has a consensus rating of Hold and an average price target of GBX 46.93 ($0.62).
Shares of Debenhams plc (LON DEB) opened at GBX 38.75 ($0.51) on Tuesday. Debenhams plc has a fifty-two week low of GBX 38 ($0.50) and a fifty-two week high of GBX 59.35 ($0.78).
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The firm also recently declared a dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, December 7th will be issued a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This is a boost from Debenhams plc’s previous dividend of $1.03. This represents a yield of 5.71%.
Debenhams plc Company Profile
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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