UBS AG reaffirmed their buy rating on shares of Debenhams (LON:DEB) in a research note issued to investors on Wednesday, AnalystRatings.NET reports. The firm currently has a GBX 125 ($2.05) price target on the stock.
UBS AG has also taken action a number of other stocks recently. The firm initiated coverage on shares of Sony Co.. They issued a sell rating on that stock and set a $399.00 price target. Also, UBS AG initiated coverage on shares of Imax Corporation. They issued a neutral rating on that stock and set a $30.00 price target. They noted that the move was a valuation call. Finally, UBS AG raised its price target on shares of Valeant Pharmaceuticals from $115.00 to $125.00. They have a buy rating on that stock.
A number of other analysts have also recently weighed in on DEB. Analysts at Liberum Capital reiterated a hold rating on shares of Debenhams in a research note to investors on Tuesday. They now have a GBX 100 ($1.64) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research raised their price target on shares of Debenhams from GBX 95 ($1.56) to GBX 110 ($1.80) in a research note to investors on Monday. They now have a buy rating on the stock. Finally, analysts at Barclays downgraded shares of Debenhams to an underweight rating in a research note to investors on Monday. They now have a GBX 80 ($1.31) price target on the stock, down previously from GBX 97 ($1.59). Five analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 102.70 ($1.68).
Shares of Debenhams (LON:DEB) traded down 0.06% on Wednesday, hitting GBX 90.40. 4,594,008 shares of the company’s stock traded hands. Debenhams has a one year low of GBX 78.20 and a one year high of GBX 118.308. The stock’s 50-day moving average is GBX 100.9 and its 200-day moving average is GBX 100.9. The company’s market cap is £1.141 billion.
The company also recently declared a dividend, which is scheduled for Friday, January 10th. Stockholders of record on Wednesday, December 4th will be given a dividend of $2.40 per share. This represents a yield of 2.33%. The ex-dividend date of this dividend is Wednesday, December 4th.
Debenhams plc is a United Kingdom-based holding company. The principal activities of the Company and its subsidiaries are the sale of fashion clothing and accessories, cosmetics and products for use in the home.
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