Debenhams Capital (LON:DEBS) Given Buy Rating at Shore Capital Group

Debenhams Capital (LON:DEBS)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 35 target price on the stock. Shore Capital Group’s price objective points to a potential upside of 37.25% from the company’s current price.

Debenhams Capital Trading Up 6.2%

Shares of LON DEBS opened at GBX 25.50 on Tuesday. Debenhams Capital has a 12-month low of GBX 10.30 and a 12-month high of GBX 29.50. The company has a market cap of £401.12 million and a P/E ratio of -3.29. The stock has a fifty day moving average price of GBX 20.83 and a 200 day moving average price of GBX 20.48.

Debenhams Capital (LON:DEBS) last announced its earnings results on Tuesday, June 16th. The company reported GBX (2.36) EPS for the quarter. The company had revenue of £917 million during the quarter.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.