JPMorgan Chase Reiterates Overweight on Debenhams (DEB)
Debenhams (LON: DEB)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase in a note issued to investors on Wednesday. They currently have a $2.16 (137 GBX) target price on the stock.
Debenhams opened at 101.90 on Wednesday. Debenhams has a 1-year low of GBX 65.75 and a 1-year high of GBX 124.80. The stock’s 50-day moving average is currently GBX 102.7. The company’s market cap is £1.287 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Debenhams in a research note to investors on Friday, January 25th. They now have a $2.37 price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of Debenhams to a “reduce” rating in a research note to investors on Wednesday, January 16th. They now have a $1.53 price target on the stock. Finally, 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.
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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