Debenhams Rating Lowered to Reduce at Numis Securities Ltd (DEB)
Debenhams (LON: DEB) was downgraded by equities research analysts at Numis Securities Ltd to a “reduce” rating in a research note issued to investors on Wednesday. They currently have a $1.53 (95 GBX) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of Debenhams in a research note to investors on Tuesday, January 8th. They now have a $2.18 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Debenhams in a research note to investors on Friday, December 14th. Finally, analysts at HSBC upgraded shares of Debenhams to an “overweight” rating in a research note to investors on Wednesday, November 28th. They now have a $2.16 price target on the stock.
Debenhams opened at 102.80 on Wednesday. Debenhams has a 52-week low of GBX 61.85 and a 52-week high of GBX 124.80. The stock’s 50-day moving average is currently GBX 102.7. The company’s market cap is £1.298 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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