Is Debenhams Plc’s Fuel For Real? The Stock Just Lifted Again

 Is Debenhams Plc's Fuel For Real? The Stock Just Lifted Again

The stock of Debenhams Plc (LON:DEB) is a huge mover today! The stock decreased 0.02% or GBX 0.01 on November 18, hitting GBX 57.99. About 5.67 million shares traded hands or 10.53% up from the average. Debenhams Plc (LON:DEB) has declined 26.02% since April 21, 2016 and is downtrending. It has underperformed by 30.45% the S&P500.
The move comes after 5 months positive chart setup for the GBX 737.46M company. It was reported on Nov, 18 by Barchart.com. We have GBX 75.97 PT which if reached, will make LON:DEB worth GBX 228.61M more.

Debenhams Plc (LON:DEB) Ratings Coverage

Out of 21 analysts covering Debenhams PLC (LON:DEB), 4 rate it a “Buy”, 5 “Sell”, while 12 “Hold”. This means 19% are positive. GBX 105 is the highest target while GBX 50 is the lowest. The GBX 67.76 average target is 16.85% above today’s (GBX 57.99) stock price. Debenhams PLC has been the topic of 116 analyst reports since August 5, 2015 according to StockzIntelligence Inc. On Wednesday, July 20 the stock rating was maintained by Investec with “Sell”. The stock has “Sell” rating given by Liberum Capital on Monday, September 7. The stock has “Hold” rating given by Jefferies on Tuesday, July 5. On Monday, October 19 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Sell” rating given on Monday, September 14 by Liberum Capital. The stock has “Overweight” rating given by Barclays Capital on Tuesday, December 8. As per Monday, August 17, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, January 18 report. The firm has “Underweight” rating by JP Morgan given on Thursday, June 23. The stock of Debenhams Plc (LON:DEB) earned “Hold” rating by Deutsche Bank on Wednesday, October 12.

Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The company has a market cap of 737.46 million GBP. The Company’s brand trades through approximately 240 stores in 27 countries. It has a 8.3 P/E ratio. The Company’s divisions are UK and International.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment