Debenhams (LON:DEB) Rating Reaffirmed
The broker has just set a target PPS of GBX 105 on Debenhams (LON:DEB) shares. This is 43.93% from the previous stock close. In analysts report revealed to clients on Friday morning, Jefferies kept steady their “Buy” 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 19.56% above today’s (GBX 72.45) 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 1.37M shares of stock traded hands. Debenhams Plc (LON:DEB) has declined 22.85% since May 21, 2015 and is downtrending. It has underperformed by 19.04% the S&P500.
Debenhams plc is a United Kingdom-based multi-channel company. The company has a market cap of 891.81 million GBP. The Firm brand trades through approximately 240 stores in 28 countries. It has 9.53 P/E ratio. It is available online in more than 70 countries.