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

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

Wall Street Analyst Weigh In

DEBS has been the subject of a number of recent research reports. Peel Hunt reissued a “hold” rating and issued a GBX 20 target price on shares of Debenhams Capital in a research report on Thursday, January 29th. Shore Capital Group reaffirmed a “hold” rating on shares of Debenhams Capital in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of GBX 17.50.

Debenhams Capital Stock Down 0.7%

The stock has a market capitalization of £277.67 million and a price-to-earnings ratio of -2.04. The business’s 50 day simple moving average is GBX 21.96 and its 200-day simple moving average is GBX 17.89.

About Debenhams Capital

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.