Debenhams Capital (LON:DEBS) Stock Price Down 0.7% – What’s Next?

Debenhams Capital PLC (LON:DEBS) shares dropped 0.7% on Friday . The stock traded as low as GBX 20.50 and last traded at GBX 20.61. Approximately 1,875,792 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 5,482,972 shares. The stock had previously closed at GBX 20.75.

Analyst Ratings Changes

DEBS has been the topic of several analyst reports. Shore Capital Group restated a “hold” rating on shares of Debenhams Capital in a report on Thursday, January 22nd. Peel Hunt reiterated a “hold” rating and issued a GBX 20 target price on shares of Debenhams Capital in a research note on Thursday, January 29th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Debenhams Capital currently has an average rating of “Reduce” and an average price target of GBX 17.50.

Debenhams Capital Stock Down 0.7%

The business’s fifty day moving average is GBX 21.96 and its 200-day moving average is GBX 17.87. The stock has a market capitalization of £277.67 million and a PE ratio of -2.04.

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.