Peel Hunt Reaffirms Sell Rating for Debenhams (DEB)

Debenhams (LON:DEB)‘s stock had its “sell” rating reissued by equities research analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 12 ($0.16) price objective on the stock. Peel Hunt’s target price suggests a potential upside of 21.77% from the company’s current price.

DEB has been the subject of several other research reports. Liberum Capital reiterated a “sell” rating on shares of Debenhams in a research note on Friday, June 8th. Deutsche Bank reaffirmed a “hold” rating on shares of Debenhams in a research note on Tuesday, July 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 20 ($0.26) price objective on shares of Debenhams in a research note on Tuesday, June 19th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Debenhams has a consensus rating of “Hold” and an average target price of GBX 22.85 ($0.30).

DEB opened at GBX 9.86 ($0.13) on Tuesday. Debenhams has a twelve month low of GBX 25.46 ($0.33) and a twelve month high of GBX 55.60 ($0.72).

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.

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Analyst Recommendations for Debenhams (LON:DEB)

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