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Debenhams PLC (LON:DEB) stock price target increased to 51.00GBX, issued a research note today by Goldman Sachs

In a report released on 11/28/2016 Goldman Sachs increased the stock price target of Debenhams PLC (LON:DEB) from 50.00GBX to 51.00GBX reporting a possible upside of 0%.

Previously on 11/17/2016, Liberum Capital reported on Debenhams PLC (LON:DEB) held steady the target price at 58.00GBX. At the time, this indicated a possible upside of 0.02%.

Just yesterday Debenhams PLC (LON:DEB) traded -1.32% lower at 0.00GBX. Debenhams PLC’s 50-day moving average is 55.80GBX and its 200-day moving average is 60.76GBX. The last closing price is down -7.91% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 218,538 shares of DEB traded hands, down from an average trading volume of 4,299,400

Recent Performance Chart

Debenhams PLC (LON:DEB)

Debenhams PLC has 52 week low of 51.25GBX and a 52 week high of 85.90GBX with a PE ratio of 7.99 and has a market capitalization of 0 GBX.

In addition to Goldman Sachs reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is 70.88GBX with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 10 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On Debenhams PLC (LON:DEB)

Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company's brand trades through approximately 240 stores in 27 countries. The Company's segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses. The International segment consists of international franchise stores, the Company-owned stores in Denmark and the Republic of Ireland, and online sales to addresses outside the United Kingdom. The Company's stores trade under the name of Debenhams other than the Danish stores, which operate under the Magasin du Nord banner. Its stores offer customers a range of services, including restaurants and cafes, personal shopping assistance, hairdressing and beauty treatments, nail bars and wedding or celebration gift services. Its Debenhams Direct (www.debenhams.com) offers a range of products and services for online customers.

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