Equities research analysts at Nomura lifted their price objective on shares of Debenhams (LON: DEB) from GBX 110 ($1.66) to GBX 120 ($1.81) in a research note issued to investors on Tuesday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. Nomura’s price target points to a potential upside of 15.61% from the company’s current price.
A number of other firms have also recently commented on DEB. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Debenhams in a research note to investors on Friday, June 28th. They now have a GBX 95 ($1.43) price target on the stock. Separately, analysts at JP Morgan Cazenove upgraded shares of Debenhams from a “neutral” rating to an “overweight” rating in a research note to investors on Friday, June 28th. They now have a GBX 118 ($1.78) price target on the stock, up previously from GBX 95 ($1.43). Finally, analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Debenhams in a research note to investors on Thursday, June 27th. They now have a GBX 70 ($1.06) price target on the stock.
Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 100.01 ($1.51).
Debenhams (LON: DEB) opened at 103.70 on Tuesday. Debenhams has a 52-week low of GBX 78.20 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 £1.305 billion.
Debenhams plc is a United Kingdom-based holding company. The principal activities of the Company and its subsidiaries are the sale of fashion clothing and accessories, cosmetics and products for use in the home.