Debenhams Capital (LON:DEBS) Trading Down 3% - Should You Sell?

Key Points

• Debenhams Capital PLC shares fell by 3%, trading at GBX 12.72 ($0.17) during mid-day on Wednesday, significantly lower than its previous close of GBX 13.12 ($0.18).
• Analysts have issued mixed ratings for DEBS, with one maintaining a "Hold" and another giving a "Sell" rating, while the average price target was set at GBX 15, down from a previous target of GBX 26.
• The company reported a negative earnings per share of GBX (3.34) for the quarter, contributing to concerns about its financial performance.

Debenhams Capital PLC (LON:DEBS - Get Free Report) shares dropped 3% during trading on Wednesday . The company traded as low as GBX 12.70 ($0.17) and last traded at GBX 12.72 ($0.17). Approximately 1,727,283 shares changed hands during trading, a decline of 55% from the average daily volume of 3,834,841 shares. The stock had previously closed at GBX 13.12 ($0.18).

Analysts Set New Price Targets

DEBS has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Debenhams Capital from GBX 26 to GBX 15 and set a "sell" rating on the stock in a research report on Friday, August 1st. Shore Capital reiterated a "hold" rating on shares of Debenhams Capital in a report on Thursday, August 21st. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Reduce" and an average price target of GBX 15.

Debenhams Capital Stock Performance

The company has a market capitalization of £180.01 million and a price-to-earnings ratio of -66.07.

Debenhams Capital (LON:DEBS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The company reported GBX (3.34) earnings per share 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.