Debenhams plc (LON:DEB)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group LLC in a research note issued on Friday, October 27th. They currently have a GBX 47 ($0.62) target price on the stock. Jefferies Group LLC’s target price points to a potential upside of 16.88% from the company’s current price.
A number of other research analysts also recently issued reports on the company. Peel Hunt reaffirmed a “hold” rating and set a GBX 55 ($0.72) price target on shares of Debenhams plc in a report on Tuesday, September 19th. Deutsche Bank AG restated a “hold” rating and issued a GBX 45 ($0.59) price target on shares of Debenhams plc in a research report on Friday, September 8th. J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 38 ($0.50) target price on shares of Debenhams plc in a research report on Friday, October 27th. Goldman Sachs Group, Inc. (The) cut their price target on Debenhams plc from GBX 51 ($0.67) to GBX 44 ($0.58) and set a “sell” rating for the company in a report on Thursday, June 29th. Finally, HSBC Holdings plc reaffirmed a “reduce” rating on shares of Debenhams plc in a research note on Friday, June 30th. Six investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. Debenhams plc presently has an average rating of “Hold” and an average target price of GBX 46.93 ($0.62).
Shares of Debenhams plc (LON DEB) opened at GBX 40.21 ($0.53) on Friday. Debenhams plc has a 12 month low of GBX 39.75 ($0.52) and a 12 month high of GBX 59.35 ($0.78).
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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