Debenhams (DEB) Price Target Cut to GBX 15 by Analysts at Royal Bank of Canada

Debenhams (LON:DEB) had its price objective trimmed by Royal Bank of Canada from GBX 19 ($0.25) to GBX 15 ($0.20) in a report published on Tuesday morning. The firm currently has a sector performer rating on the stock.

A number of other equities analysts have also weighed in on the stock. Peel Hunt reiterated a sell rating on shares of Debenhams in a research report on Wednesday, August 22nd. Liberum Capital reiterated a sell rating and issued a GBX 10 ($0.13) price target on shares of Debenhams in a research report on Monday, September 10th. Stifel Nicolaus reiterated a hold rating and issued a GBX 20 ($0.26) price target on shares of Debenhams in a research report on Tuesday, June 19th. Finally, Deutsche Bank reiterated a hold rating on shares of Debenhams in a research report on Tuesday, July 3rd. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Debenhams currently has an average rating of Hold and an average price target of GBX 22.08 ($0.29).

DEB opened at GBX 8.90 ($0.12) on Tuesday. Debenhams has a 1-year low of GBX 25.46 ($0.33) and a 1-year high of GBX 55.60 ($0.73).

Debenhams Company Profile

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.

Featured Article: Can individual investors take part in an IPO?

Analyst Recommendations for Debenhams (LON:DEB)

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

Leave a Reply