Debenhams Capital (LON:DEBS) Stock Price Down 6.7% – What’s Next?

Shares of Debenhams Capital PLC (LON:DEBS) were down 6.7% on Tuesday . The company traded as low as GBX 20.50 and last traded at GBX 21. Approximately 2,048,300 shares traded hands during trading, a decline of 56% from the average daily volume of 4,637,807 shares. The stock had previously closed at GBX 22.50.

Analysts Set New Price Targets

Several analysts have commented on the stock. Peel Hunt reissued a “hold” rating and set a GBX 20 price target on shares of Debenhams Capital in a research report on Thursday, January 29th. Shore Capital Group reissued a “hold” rating on shares of Debenhams Capital in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of GBX 17.50.

Debenhams Capital Trading Down 9.4%

The company’s 50-day moving average is GBX 22.59 and its 200 day moving average is GBX 17.18. The stock has a market capitalization of £274.84 million and a PE ratio of -2.02.

Debenhams Capital (LON:DEBS) last issued its quarterly earnings results on Thursday, November 27th. The company reported GBX (0.51) earnings per share (EPS) for the quarter.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.