Insider Buying: Debenhams Capital (LON:DEBS) Insider Purchases 200,000 Shares of Stock

Key Points

• Insider John Goold of Debenhams Capital PLC purchased 200,000 shares at an average price of GBX 13, totaling £26,000 on September 24th.
• Research analysts have recently adjusted their outlook on Debenhams Capital, with Deutsche Bank lowering its target price from GBX 26 to GBX 15 and maintaining a sell rating.
• Debenhams Capital currently has a market capitalization of £174.35 million and reported a significantly negative earnings per share of GBX (3.34) in its last quarterly earnings report.

Debenhams Capital PLC (LON:DEBS - Get Free Report) insider John Goold acquired 200,000 shares of the company's stock in a transaction dated Wednesday, September 24th. The stock was purchased at an average cost of GBX 13 per share, with a total value of £26,000.

Debenhams Capital Price Performance

Shares of LON DEBS opened at GBX 12.94 on Thursday. Debenhams Capital PLC has a twelve month low of GBX 12.24 and a twelve month high of GBX 26.80. The company has a fifty day moving average price of GBX 14.77. The firm has a market capitalization of £174.35 million and a PE ratio of -64.00.

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.

Analysts Set New Price Targets

Several research analysts recently commented on DEBS shares. Shore Capital reissued a "hold" rating on shares of Debenhams Capital in a research note on Thursday, August 21st. Deutsche Bank Aktiengesellschaft lowered their target price on Debenhams Capital from GBX 26 to GBX 15 and set a "sell" rating for the company in a research note on Friday, August 1st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Debenhams Capital currently has an average rating of "Reduce" and an average target price of GBX 15.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.