Breaking: Debenhams (LON:DEB) Sell Rating Reiterated by Analysts at Investec Today; The Price Objective Provided Is GBX 70

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Debenhams (LON:DEB) Rating Reaffirmed

The financial firm has just set a PT of GBX 70 on Debenhams (LON:DEB) shares. This is -8.56% from the last price. In analysts note finalized on Monday, 14 December, Investec reiterated their Sell rating on shares of DEB.

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 14.82% above today’s (GBX 76.1) stock price. Debenhams PLC was the topic of 44 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Hold” rating. Liberum Capital maintained shares with “Sell” rating and GBX 73 target share price in a report from a November 30. RBC Capital Markets maintained DEB stock in a recent report from December 7 with “Outperform” rating. Jefferies maintained the rating on November 20. Jefferies has a “Buy” rating and a GBX 105 price target on shares. Finally, Goldman Sachs downgraded the stock to “Sell” rating in a report issued on a December 3.

Approximately 329,734 shares of stock traded hands. Debenhams Plc (LON:DEB) has declined 18.02% since May 15, 2015 and is downtrending. It has underperformed by 13.61% the S&P500.

Breaking: Debenhams (LON:DEB) Sell Rating Reiterated by Analysts at Investec Today; The Price Objective Provided Is GBX 70

Debenhams plc is a United Kingdom-based multi-channel company. The company has a market cap of 934.18 million GBP. The Firm brand trades through approximately 240 stores in 28 countries. It has 10.01 P/E ratio. It is available online in more than 70 countries.

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