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Debenhams PLC (LON:DEB) target price held steady at 70.00GBX, reported earlier today by Haitong Securities

Boasting a price of 56.70GBX, Debenhams PLC (LON:DEB) traded 3.68% higher on the day. The last closing price is down -1.78% from the 200-day moving average, compared to the S&P 500 which has decreased -0.05% over the same period. DEB has recorded a 50-day average of 56.58GBX and a two hundred day moving average of 57.37GBX. 2,448,442 shares of Debenhams PLC traded, down from an avg. volume of 4,663,160

Haitong Securities hold steady the target price of Debenhams PLC (LON:DEB) at 70.00GBX indicating a possible upside of 0.23%.

Previously on 1/3/2017, Deutsche Bank released a statement about Debenhams PLC (LON:DEB) bumped down the target price from 60.00GBX to 52.00GBX that suggested an upside of 0%.

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Debenhams PLC (LON:DEB)

Debenhams PLC has a one year low of 51.25GBX and a one year high of 82.15GBX with a PE ratio of 8.05 Debenhams PLC’s market capitalization is currently 0 GBX.

Also covering Debenhams PLC's price target, a total of 17 analysts have released a report on the stock. The consensus target price is 70.88GBX with 2 firms 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 one brokerage rating the company a sell.

General Company Details For 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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