Debenhams Plc (DEB) Insider Buys £50,700 in Stock

Debenhams Plc (LON:DEB) insider Sergio Bucher acquired 169,000 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was acquired at an average cost of GBX 30 ($0.41) per share, with a total value of £50,700 ($68,755.09).

Shares of Debenhams Plc (DEB) traded up GBX 1.16 ($0.02) during trading on Monday, hitting GBX 31.06 ($0.42). 7,607,294 shares of the company traded hands, compared to its average volume of 5,810,000. The company has a market cap of $381.85 and a price-to-earnings ratio of 776.50. Debenhams Plc has a 52 week low of GBX 27.10 ($0.37) and a 52 week high of GBX 59.01 ($0.80).

The firm also recently declared a dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, December 7th will be paid a GBX 2.40 ($0.03) dividend. This represents a dividend yield of 5.71%. This is a positive change from Debenhams’s previous dividend of $1.03. The ex-dividend date is Thursday, December 7th.

DEB has been the subject of several analyst reports. Peel Hunt reissued a “hold” rating and set a GBX 55 ($0.75) price target on shares of Debenhams in a research report on Tuesday, September 19th. Deutsche Bank reissued a “hold” rating and set a GBX 45 ($0.61) price target on shares of Debenhams in a research report on Tuesday, October 24th. Liberum Capital reissued a “hold” rating and set a GBX 58 ($0.79) price target on shares of Debenhams in a research report on Thursday, October 26th. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 38 ($0.52) price target on shares of Debenhams in a research report on Friday, October 27th. Finally, Jefferies Group reissued a “hold” rating and set a GBX 47 ($0.64) price target on shares of Debenhams in a research report on Friday, October 27th. Six equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Debenhams has an average rating of “Hold” and a consensus target price of GBX 34.23 ($0.46).

ILLEGAL ACTIVITY WARNING: This report was first reported by BBNS and is the sole property of of BBNS. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://baseballnewssource.com/markets/debenhams-plc-deb-insider-sergio-bucher-purchases-169000-shares/1818600.html.

About Debenhams

Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company’s brand trades through approximately 240 stores in 27 countries. The Company’s segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses.

Receive News & Ratings for Debenhams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Debenhams and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.