Debenhams plc (DEB) Stock Rating Reaffirmed by Deutsche Bank AG
Debenhams plc (LON:DEB)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank AG in a note issued to investors on Tuesday. They currently have a GBX 45 ($0.59) price target on the stock. Deutsche Bank AG’s price target points to a potential upside of 19.41% from the company’s previous close.
Other analysts also recently issued research reports about the stock. Liberum Capital reiterated a “hold” rating and issued a GBX 58 ($0.76) price target on shares of Debenhams plc in a research report on Thursday, October 26th. Peel Hunt reissued a “hold” rating and issued a GBX 55 ($0.72) price objective on shares of Debenhams plc in a research note on Tuesday, September 19th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 45 ($0.59) price objective on shares of Debenhams plc in a research note on Monday, October 30th. Jefferies Group LLC reissued a “hold” rating and issued a GBX 47 ($0.62) price objective on shares of Debenhams plc in a research note on Friday, October 27th. Finally, J P Morgan Chase & Co reissued an “underweight” rating and issued a GBX 38 ($0.50) price objective on shares of Debenhams plc in a research note on Friday, October 27th. Six equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 46.93 ($0.62).
Shares of Debenhams plc (DEB) opened at GBX 37.68 ($0.50) on Tuesday. Debenhams plc has a 12-month low of GBX 38 ($0.50) and a 12-month high of GBX 59.35 ($0.78).
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About Debenhams plc
Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company’s brand trades through approximately 240 stores in 27 countries. The Company’s segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses.
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