Debenhams Price Target Cut to $1.65 (DEB)
Shares of Debenhams opened at 83.20 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 £1.050 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup downgraded shares of Debenhams to a neutral rating in a research note to investors on Tuesday. They now have a $1.25 price target on the stock, down previously from $1.85. Separately, analysts at BNP Paribas cut their price target on shares of Debenhams from $1.58 to $1.28 in a research note to investors on Tuesday. They now have a neutral rating on the stock. Finally, 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.
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