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

Debenhams Capital (LON:DEBS)‘s stock had its “buy” rating reissued by equities research analysts at Shore Capital Group in a note issued to investors on Thursday, London Stock Exchange reports. They currently have a GBX 35 price objective on the stock. Shore Capital Group’s target price would suggest a potential upside of 42.86% from the stock’s previous close.

Debenhams Capital Price Performance

DEBS opened at GBX 24.50 on Thursday. The firm has a fifty day moving average price of GBX 22.15 and a 200 day moving average price of GBX 20.37. Debenhams Capital has a 1 year low of GBX 10.30 and a 1 year high of GBX 29.50. The stock has a market cap of £385.39 million and a P/E ratio of -3.17.

Debenhams Capital (LON:DEBS) last released its quarterly earnings data on Tuesday, June 16th. The company reported GBX (2.36) earnings per share for the quarter. The business had revenue of £917 million for 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.