Debenhams (DEB) Given New GBX 3 Price Target at Royal Bank of Canada
Debenhams (LON:DEB) had its price objective reduced by Royal Bank of Canada from GBX 5 ($0.07) to GBX 3 ($0.04) in a report released on Monday morning. They currently have a sector performer rating on the stock.
DEB has been the topic of several other reports. Liberum Capital reissued a hold rating and issued a GBX 5 ($0.07) target price (down from GBX 10 ($0.13)) on shares of Debenhams in a report on Thursday, January 10th. Peel Hunt reissued a sell rating on shares of Debenhams in a report on Tuesday, February 12th. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 15.56 ($0.20).
DEB stock opened at GBX 3.22 ($0.04) on Monday. The company has a debt-to-equity ratio of 74.38, a quick ratio of 0.09 and a current ratio of 0.65. Debenhams has a 12 month low of GBX 2.78 ($0.04) and a 12 month high of GBX 27.20 ($0.36). The stock has a market capitalization of $39.91 million and a price-to-earnings ratio of -0.09.
Debenhams plc, through its subsidiaries, operates and franchises a range of department stores in the United Kingdom, the Republic of Ireland, Denmark, and internationally. It provides women's wear, men's wear, kids wear, and lingerie, as well as beauty, home, furniture, gift and toy, electrical, Christmas, and others products.
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