Debenhams (LON:DEB) Rating Reaffirmed
Expert analysts at HSBC now has a GBX 83 target price on Debenhams (LON:DEB). HSBC and their recent target price would suggest a potential upside of 13.70% from the company’s previous close. The rating has been shown in analysts report on Thursday morning.
From a total of 18 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 105 while the lowest target price is GBX 70. The mean of all analyst targets is GBX 88.5 with a 18.41% above today’s (GBX 73.15) stock price. Debenhams PLC was the topic of 45 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 14 with “Sell” rating. Goldman Sachs downgraded shares to “Sell” rating and GBX 83 target share price in a report from a December 3. Barclays Capital maintained DEB stock in a recent report from December 8 with “Overweight” rating. Liberum Capital maintained the rating on November 30. Liberum Capital has a “Sell” rating and a GBX 73 price target on shares. Finally, Nomura maintained the stock with “Neutral” rating in a report issued on a December 7.
Approximately 1.17 million shares of stock traded hands. Debenhams Plc (LON:DEB) has declined 22.23% since May 20, 2015 and is downtrending. It has underperformed by 19.96% the S&P500.
Debenhams plc is a United Kingdom-based multi-channel company. The company has a market cap of 919.61 million GBP. The Firm brand trades through approximately 240 stores in 28 countries. It has 9.62 P/E ratio. It is available online in more than 70 countries.