Debenhams Price Target Lowered to $1.43 at Espirito Santo Execution (DEB)
Debenhams (LON: DEB) had its target price cut by Espirito Santo Execution from $1.88 (125 GBX) to $1.43 (95 GBX) in a research note issued to investors on Tuesday. The firm currently has a buy rating on the stock.
A number of other firms have also recently commented on DEB. Analysts at Espirito Santo Investment Bank Research reiterated a buy rating on shares of Debenhams in a research note to investors on Tuesday. They now have a $1.43 price target on the stock. Separately, analysts at HB Markets reiterated a hold rating on shares of Debenhams in a research note to investors on Tuesday. Finally, analysts at HSBC cut their price target on shares of Debenhams from $2.03 to $1.80 in a research note to investors on Tuesday. They now have an overweight 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.