Rating Buzzer: Goldman Sachs Reiterated Debenhams PLC (LON:DEB) As “Sell”; Has Target Price per Share Of GBX 51.00

November 28, 2016 - By Peter Erickson

Debenhams PLC (LON:DEB) Rating

They currently have a GBX 51.00 price target on Debenhams PLC (LON:DEB). Goldman Sachs’s target would suggest a potential downside of -8.85% from the company’s close price. This was shown in a research note on Monday morning.

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 66.06 average target is 17.96% above today’s (GBX 56) stock price. Debenhams PLC has been the topic of 117 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank on Wednesday, June 8 with “Hold”. As per Monday, February 1, the company rating was maintained by Deutsche Bank. The stock has “Sell” rating given by Liberum Capital on Monday, November 23. RBC Capital Markets maintained Debenhams Plc (LON:DEB) on Monday, January 18 with “Outperform” rating. As per Wednesday, January 13, the company rating was maintained by Citigroup. The stock of Debenhams Plc (LON:DEB) has “Hold” rating given on Thursday, April 14 by Deutsche Bank. RBC Capital Markets maintained the shares of DEB in a report on Thursday, March 3 with “Outperform” rating. The rating was maintained by Goldman Sachs on Tuesday, April 19 with “Sell”. The stock has “Underweight” rating given by JP Morgan on Thursday, October 27. The stock of Debenhams Plc (LON:DEB) has “Outperform” rating given on Tuesday, September 1 by RBC Capital Markets.

About 846,723 shares traded hands. Debenhams Plc (LON:DEB) has declined 27.68% since April 29, 2016 and is downtrending. It has underperformed by 33.69% the S&P500.

Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The company has a market cap of 687.58 million GBP. The Company’s brand trades through approximately 240 stores in 27 countries. It has a 8.02 P/E ratio. The Company’s divisions are UK and International.

Another recent and important Debenhams Plc (LON:DEB) news was published by Uk.Finance.Yahoo.com which published an article titled: “-LSE Ticker: 126KH9/ISIN: GB00B126KH97” on March 29, 2014.

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