The stock of Debenhams Plc (LON:DEB) is a huge mover today! The stock increased 0.40% or GBX 0.22 on November 3, hitting GBX 53.82. About 8.60 million shares traded hands or 99.54% up from the average. Debenhams Plc (LON:DEB) has declined 24.32% since April 7, 2016 and is downtrending. It has underperformed by 25.54% the S&P500.
The move comes after 6 months positive chart setup for the GBX 660.76 million company. It was reported on Nov, 3 by Barchart.com. We have GBX 72.66 PT which if reached, will make LON:DEB worth GBX 231.27M more.
Debenhams Plc (LON:DEB) Ratings Coverage
Out of 21 analysts covering Debenhams PLC (LON:DEB), 3 rate it a “Buy”, 5 “Sell”, while 13 “Hold”. This means 14% are positive. Debenhams PLC has been the topic of 113 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Goldman Sachs maintained the shares of DEB in a report on Tuesday, April 19 with “Sell” rating. The stock has “Sector Perform” rating given by RBC Capital Markets on Monday, August 17. The rating was maintained by Haitong Securities on Friday, August 26 with “Buy”. JP Morgan maintained Debenhams Plc (LON:DEB) on Friday, April 15 with “Underweight” rating. The rating was maintained by Nomura with “Neutral” on Monday, April 11. Cantor Fitzgerald maintained Debenhams Plc (LON:DEB) rating on Thursday, April 14. Cantor Fitzgerald has “Hold” rating and GBX 85 price target. On Thursday, June 23 the stock rating was maintained by Beaufort Securities with “Hold”. Liberum Capital maintained Debenhams Plc (LON:DEB) on Monday, September 7 with “Sell” rating. The rating was maintained by Liberum Capital on Monday, February 1 with “Hold”. The firm has “Outperform” rating by RBC Capital Markets given on Monday, January 18.
More news for Debenhams Plc (LON:DEB) were recently published by: Fool.Co.Uk, which released: “Is Debenhams plc doomed due to Asos plc, Marks & Spencer Group plc and Next plc?” on June 22, 2016. Fool.Co.Uk‘s article titled: “Why Tesco plc, Debenhams plc and Just Eat plc have 25%+ upside” and published on June 07, 2016 is yet another important article.
Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The company has a market cap of 660.76 million GBP. The Company’s brand trades through approximately 240 stores in 27 countries. It has a 7.71 P/E ratio. The Company’s divisions are UK and International.
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