Debenhams plc (LON:DEB) Given “Hold” Rating at Jefferies Group LLC

Debenhams plc (LON:DEB)‘s stock had its “hold” rating reissued by Jefferies Group LLC in a report issued on Friday, October 27th. They presently have a GBX 47 ($0.62) price objective on the stock. Jefferies Group LLC’s target price would indicate a potential upside of 18.99% from the stock’s previous close.

DEB has been the subject of a number of other reports. Goldman Sachs Group, Inc. (The) restated a “sell” rating and set a GBX 44 ($0.58) price objective on shares of Debenhams plc in a research note on Wednesday, July 5th. reissued a “reduce” rating and issued a GBX 38 ($0.50) price target on shares of Debenhams plc in a research note on Friday, July 21st. Deutsche Bank AG reissued a “hold” rating and issued a GBX 45 ($0.59) price target on shares of Debenhams plc in a research note on Friday, September 8th. J P Morgan Chase & Co reduced their target price on Debenhams plc from GBX 46 ($0.61) to GBX 38 ($0.50) and set an “underweight” rating for the company in a report on Friday, June 30th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 58 ($0.76) target price on shares of Debenhams plc in a report on Thursday, October 26th. Six 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’s stock. Debenhams plc has an average rating of “Hold” and a consensus target price of GBX 46.93 ($0.62).

Debenhams plc (LON DEB) traded down GBX 0.25 ($0.00) during mid-day trading on Friday, hitting GBX 39.50 ($0.52). The company had a trading volume of 2,228,256 shares, compared to its average volume of 3,100,000. Debenhams plc has a twelve month low of GBX 39.75 ($0.52) and a twelve month high of GBX 59.35 ($0.78).

ILLEGAL ACTIVITY WARNING: This news story was reported by Week Herald and is the property of of Week Herald. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and international trademark and copyright laws. The legal version of this news story can be viewed at https://weekherald.com/2017/11/15/debenhams-plcs-deb-hold-rating-reiterated-at-jefferies-group-llc.html.

Debenhams plc 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 plc (LON:DEB)

Receive News & Ratings for Debenhams plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Debenhams plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply