Several other brokerages have also issued reports on DEB. Jefferies Group reiterated a hold rating and set a GBX 47 ($0.65) target price on shares of Debenhams in a research report on Friday, October 27th. Liberum Capital reiterated a sell rating on shares of Debenhams in a research report on Wednesday, January 10th. Citigroup reiterated a neutral rating and set a GBX 30 ($0.41) target price on shares of Debenhams in a research report on Friday, January 5th. Berenberg Bank dropped their target price on shares of Debenhams from GBX 37 ($0.51) to GBX 19 ($0.26) and set a sell rating for the company in a research report on Friday, January 5th. Finally, Numis Securities reiterated a hold rating and set a GBX 30 ($0.41) target price on shares of Debenhams in a research report on Thursday, January 4th. Six equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 34.23 ($0.47).
Debenhams (DEB) traded down GBX 0.19 ($0.00) during mid-day trading on Wednesday, reaching GBX 28.45 ($0.39). 735,773 shares of the company were exchanged, compared to its average volume of 7,030,000. Debenhams has a twelve month low of GBX 26.06 ($0.36) and a twelve month high of GBX 55.60 ($0.77). The firm has a market cap of $352.88 and a PE ratio of 711.25.
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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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