Debenhams’ (DEB) Sell Rating Reaffirmed at Liberum Capital

Liberum Capital restated their sell rating on shares of Debenhams (LON:DEB) in a report published on Thursday. The brokerage currently has a GBX 25 ($0.34) price target on the stock.

Other equities analysts have also recently issued research reports about the company. Jefferies Group reaffirmed a hold rating and issued a GBX 47 ($0.64) price target on shares of Debenhams in a report on Friday, October 27th. Peel Hunt cut Debenhams to a sell rating and set a GBX 55 ($0.75) price target for the company. in a report on Thursday, January 4th. Deutsche Bank reaffirmed a hold rating and issued a GBX 45 ($0.61) price target on shares of Debenhams in a report on Monday, October 30th. Numis Securities reaffirmed a hold rating and issued a GBX 30 ($0.41) price target on shares of Debenhams in a report on Thursday, January 4th. Finally, Berenberg Bank reduced their price target on Debenhams from GBX 37 ($0.50) to GBX 19 ($0.26) and set a sell rating for the company in a report on Friday, January 5th. Six analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. The company has an average rating of Hold and an average target price of GBX 34.23 ($0.46).

Debenhams (LON:DEB) traded down GBX 0.22 ($0.00) during midday trading on Thursday, reaching GBX 29.88 ($0.41). The company had a trading volume of 5,281,812 shares, compared to its average volume of 6,060,000. The firm has a market cap of $366.87 and a PE ratio of 747.00. Debenhams has a 12 month low of GBX 27.10 ($0.37) and a 12 month high of GBX 56.06 ($0.76).

The company also recently disclosed a dividend, which was paid on Friday, January 19th. Shareholders of record on Thursday, December 7th were paid a dividend of GBX 2.40 ($0.03) per share. This is a positive change from Debenhams’s previous dividend of $1.03. This represents a yield of 5.71%. The ex-dividend date of this dividend was Thursday, December 7th.

In related news, insider Sergio Bucher purchased 169,000 shares of the company’s stock in a transaction dated Monday, January 8th. The stock was acquired at an average cost of GBX 30 ($0.41) per share, for a total transaction of £50,700 ($68,755.09). Also, insider Ian Cheshire purchased 175,000 shares of the company’s stock in a transaction dated Friday, January 5th. The stock was bought at an average price of GBX 29 ($0.39) per share, with a total value of £50,750 ($68,822.89). Over the last quarter, insiders have acquired 419,000 shares of company stock valued at $12,470,000.

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Debenhams Company Profile

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.

Analyst Recommendations for Debenhams (LON:DEB)

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