Debenhams PLC (LON:DEB) Shareholders Are Liking The News That Barclays Capital Has Reiterated Their “Overweight” Rating on the Stock

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Debenhams PLC (LON:DEB) Rating Reaffirmed

In recent note sent to investors on Tuesday morning, Barclays Capital has reaffirmed their “Overweight” rating on Debenhams PLC (LON:DEB) shares.

From a total of 19 analysts covering Debenhams PLC (LON:DEB) stock, 6 rate it a ”Buy”, 3 a “Sell”, and 11 a ”Hold”. This means that 30% of the ratings are positive. The highest target price is GBX 110 while the lowest target price is GBX 72. The mean of all analyst targets is GBX 90.79 with a 9.89% above today’s (GBX 79.66) stock price. Debenhams PLC was the topic of 43 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 8 with “Overweight” rating. Jefferies maintained shares with “Buy” rating and GBX 105 target share price in a report from a November 20. Nomura maintained DEB stock in a recent report from December 7 with “Neutral” rating. UBS maintained the rating on October 23. UBS has a “Sector Perform” rating and a GBX 72 price target on shares. Finally, Liberum Capital maintained the stock with “Sell” rating in a report issued on a November 30.

The stock increased 0.71% or GBX 0.56 on December 7, striking GBX 79.66. Approximately shares of stock traded hands. Debenhams Plc (LON:DEB) has declined 15.40% since May 11, 2015 and is downtrending. It has underperformed by 14.81% the S&P500.

Debenhams PLC (LON:DEB) Shareholders Are Liking The News That Barclays Capital Has Reiterated Their

Debenhams plc is a United Kingdom-based multi-channel company. The company has a market cap of 983.28 million GBP. The Firm brand trades through approximately 240 stores in 28 countries. It has 10.47 P/E ratio. It is available online in more than 70 countries.

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