Brokerages Set Debenhams (DEB) PT at $27.58

Debenhams (LON:DEB) has earned an average rating of “Hold” from the thirteen brokerages that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 27.58 ($0.38).

Several research firms have recently commented on DEB. Numis Securities decreased their target price on Debenhams from GBX 30 ($0.42) to GBX 22 ($0.31) and set a “hold” rating on the stock in a research report on Tuesday, April 24th. Goldman Sachs reaffirmed a “sell” rating on shares of Debenhams in a research report on Monday, April 23rd. Deutsche Bank upped their target price on Debenhams from GBX 27 ($0.38) to GBX 33 ($0.46) and gave the company a “hold” rating in a research report on Friday, April 20th. Citigroup decreased their target price on Debenhams from GBX 30 ($0.42) to GBX 20 ($0.28) and set a “neutral” rating on the stock in a research report on Friday, April 20th. Finally, Peel Hunt reaffirmed a “sell” rating and issued a GBX 25 ($0.35) target price on shares of Debenhams in a research report on Thursday, April 19th.

Shares of Debenhams stock traded down GBX 0.32 ($0.00) on Wednesday, hitting GBX 23.08 ($0.32). The stock had a trading volume of 2,817,714 shares, compared to its average volume of 3,850,000. Debenhams has a twelve month low of GBX 25.46 ($0.36) and a twelve month high of GBX 55.60 ($0.78).

Debenhams (LON:DEB) last posted its earnings results on Thursday, April 19th. The company reported GBX 2.80 ($0.04) EPS for the quarter, missing the consensus estimate of GBX 3.60 ($0.05) by GBX (0.80) (($0.01)). Debenhams had a negative net margin of 2.32% and a negative return on equity of 4.88%.

The business also recently declared a dividend, which will be paid on Friday, July 6th. Investors of record on Thursday, June 7th will be paid a GBX 0.50 ($0.01) dividend. This represents a dividend yield of 2.27%. The ex-dividend date is Thursday, June 7th.

About Debenhams

Debenhams plc, through its subsidiaries, operates and franchises a range of department stores in the United Kingdom, the Republic of Ireland, Denmark, and internationally. The company offers products in the categories of women's wear, men's wear, children's wear, lingerie, accessories, beauty, gift, home, furniture, electrical, and others.

Analyst Recommendations for Debenhams (LON:DEB)

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