Debenhams Price Target Cut to $1.28 (DEB)
BNP Paribas lowered their price target on shares of Debenhams (LON: DEB) from $1.58 (105 GBX) to $1.28 (85 GBX) in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock.
DEB has been the subject of a number of other recent research reports. Analysts at Nomura cut their price target on shares of Debenhams from $1.80 to $1.65 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Debenhams in a research note to investors on Monday. They now have a $2.03 price target on the stock. Finally, analysts at Panmure Gordon cut their price target on shares of Debenhams from $1.68 to $1.56 in a research note to investors on Monday. They now have a “hold” rating on the stock.
Shares of Debenhams opened at 83.25 on Tuesday. Debenhams has a one year low of GBX 70.013 and a one year high of GBX 124.80. The stock’s 50-day moving average is currently GBX 102.7. The company’s market cap is £1.051 billion.
Debenhams plc is a United Kingdom-based company. It is a department store with product categories, including women’s wear, menswear, children’s swear, home and, health and beauty.
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