Analysts at RBC Capital Markets Maintained their Past ‘”Outperform”’ rating on Shares Debenhams (LON:DEB), Set a GBX 90 Price Objective

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Debenhams (LON:DEB) Rating Reaffirmed

The investment house has just set a PT of GBX 90 on Debenhams (LON:DEB) shares. This is 23.29% from the previous stock close. In an analyst note distributed on Monday, 21 December, RBC Capital Markets has reaffirmed their “Outperform” rating on shares of DEB.

From a total of 19 analysts covering Debenhams PLC (LON:DEB) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 110 while the lowest target price is GBX 70. The mean of all analyst targets is GBX 89 with a 18.22% above today’s (GBX 73.05) stock price. Debenhams PLC was the topic of 47 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 18 with “Buy” rating. Nomura maintained shares with “Neutral” rating and GBX 80 target share price in a report from a December 7. Investec maintained DEB stock in a recent report from December 14 with “Sell” rating. RBC Capital Markets maintained the rating on December 7. RBC Capital Markets has a “Outperform” rating and a GBX 100 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a December 8.

Approximately 602,349 shares of stock traded hands. Debenhams Plc (LON:DEB) has declined 22.93% since May 22, 2015 and is downtrending. It has underperformed by 17.12% the S&P500.

Analysts at RBC Capital Markets Maintained their Past ‘

Debenhams plc is a United Kingdom-based multi-channel company. The company has a market cap of 896.74 million GBP. The Firm brand trades through approximately 240 stores in 28 countries. It has 9.61 P/E ratio. It is available online in more than 70 countries.

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