Debenhams Capital’s (DEBS) “Buy” Rating Reaffirmed at Shore Capital Group

Debenhams Capital (LON:DEBS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 35 price objective on the stock. Shore Capital Group’s price target would indicate a potential upside of 53.85% from the company’s previous close.

Debenhams Capital Stock Down 0.2%

Shares of Debenhams Capital stock traded down GBX 0.05 on Wednesday, hitting GBX 22.75. The stock had a trading volume of 3,568,494 shares, compared to its average volume of 4,207,640. Debenhams Capital has a one year low of GBX 10.30 and a one year high of GBX 29.50. The stock’s 50-day simple moving average is GBX 19.76 and its two-hundred day simple moving average is GBX 20.41. The stock has a market cap of £357.33 million and a price-to-earnings ratio of -2.25.

Debenhams Capital (LON:DEBS) last posted its quarterly earnings results on Tuesday, June 16th. The company reported GBX (2.36) EPS for the quarter. The company had revenue of £917 million 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.