Debenhams Plc (DEB) Given Average Recommendation of “Hold” by Brokerages

Debenhams Plc (LON:DEB) has received a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell recommendation and eight have assigned a hold recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 23.70 ($0.31).

Several equities analysts recently weighed in on the company. Liberum Capital reaffirmed a “sell” rating and issued a GBX 10 ($0.13) price objective on shares of Debenhams in a research note on Monday, September 10th. Peel Hunt reaffirmed a “sell” rating and issued a GBX 12 ($0.16) price objective on shares of Debenhams in a research note on Tuesday, September 25th. Deutsche Bank reaffirmed a “hold” rating on shares of Debenhams in a research note on Tuesday, July 3rd. Finally, Royal Bank of Canada dropped their price objective on Debenhams from GBX 19 ($0.25) to GBX 15 ($0.20) and set a “sector performer” rating for the company in a research note on Tuesday, October 16th.

Shares of DEB stock traded down GBX 0.36 ($0.00) during trading hours on Wednesday, reaching GBX 8.87 ($0.12). 5,152,866 shares of the company’s stock were exchanged, compared to its average volume of 3,850,000. Debenhams has a 1 year low of GBX 25.46 ($0.33) and a 1 year high of GBX 55.60 ($0.73).

About Debenhams

Debenhams plc, through its subsidiaries, operates and franchises a range of department stores in the United Kingdom, the Republic of Ireland, Denmark, and internationally. The company offers products in the categories of women's wear, men's wear, children's wear, lingerie, accessories, beauty, gift, home, furniture, electrical, and others.

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Analyst Recommendations for Debenhams (LON:DEB)

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