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

Debenhams Capital (LON:DEBS)‘s stock had its “buy” rating reissued by equities research analysts at Shore Capital Group in a report released on Monday,Digital Look reports. They currently have a GBX 35 target price on the stock. Shore Capital Group’s target price would indicate a potential upside of 44.33% from the company’s current price.

Debenhams Capital Trading Down 3.0%

LON:DEBS traded down GBX 0.75 during trading hours on Monday, hitting GBX 24.25. The company’s stock had a trading volume of 12,078,266 shares, compared to its average volume of 4,450,881. The stock has a market capitalization of £380.90 million and a P/E ratio of -2.40. The stock has a fifty day moving average of GBX 18.43 and a 200-day moving average of GBX 20.43. Debenhams Capital has a 52-week low of GBX 10.30 and a 52-week high of GBX 29.50.

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

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.