Debenhams Plc (LON:DEB)‘s stock had its “sector performer” rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Monday. They currently have a GBX 62 ($0.77) target price on the stock. Royal Bank Of Canada’s target price points to a potential upside of 9.35% from the stock’s current price.
Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 54 ($0.67) price target on shares of Debenhams Plc in a research note on Thursday, October 27th. Liberum Capital reiterated a “hold” rating and set a GBX 58 ($0.72) price target on shares of Debenhams Plc in a research note on Thursday, October 27th. Peel Hunt decreased their price target on Debenhams Plc from GBX 100 ($1.25) to GBX 70 ($0.87) and set a “hold” rating for the company in a research note on Thursday, October 27th. Beaufort Securities reiterated a “hold” rating on shares of Debenhams Plc in a research note on Friday, October 28th. Finally, Haitong Bank reiterated a “buy” rating and set a GBX 70 ($0.87) price target on shares of Debenhams Plc in a research note on Thursday, October 27th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. Debenhams Plc currently has an average rating of “Hold” and an average target price of GBX 66.80 ($0.83).
Shares of Debenhams Plc (LON:DEB) traded down 0.26% during midday trading on Monday, hitting GBX 56.70. The stock had a trading volume of 1,427,831 shares. The firm has a 50-day moving average of GBX 55.80 and a 200 day moving average of GBX 60.76. The firm’s market cap is GBX 696.05 million. Debenhams Plc has a 12-month low of GBX 51.25 and a 12-month high of GBX 85.90.
The company also recently announced a dividend, which will be paid on Tuesday, January 24th. Stockholders of record on Thursday, December 8th will be paid a GBX 2.40 ($0.03) dividend. This is a boost from Debenhams Plc’s previous dividend of $1.03. This represents a dividend yield of 4.34%. The ex-dividend date of this dividend is Thursday, December 8th.
In other news, insider Matt Smith bought 44,465 shares of the stock in a transaction dated Wednesday, November 9th. The stock was bought at an average cost of GBX 56 ($0.70) per share, with a total value of £24,900.40 ($31,109.95).