Shore Capital Group Reaffirms "Hold" Rating for Debenhams Capital (LON:DEBS)

Key Points

• Shore Capital reaffirmed a "Hold" on Debenhams Capital while Peel Hunt also reiterated a "Hold" with a GBX 20 price target; the broker mix (two Holds, one Sell) yields an average rating of "Reduce" and an average price target of GBX 17.50.
• Shares traded up 1.4% to GBX 18 on Tuesday with 4.39 million shares changing hands (below its ~5.14M average); market cap is about £242.6m, the P/E is negative (-1.78), and the 50- and 200-day moving averages are GBX 20.95 and GBX 18.20 respectively.

Debenhams Capital (LON:DEBS - Get Free Report)'s stock had its "hold" rating reaffirmed by Shore Capital Group in a research report issued on Tuesday,London Stock Exchange reports.

Separately, Peel Hunt restated a "hold" rating and set a GBX 20 price target on shares of Debenhams Capital in a report on Thursday, January 29th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Debenhams Capital has an average rating of "Reduce" and an average price target of GBX 17.50.

Debenhams Capital Stock Up 1.4%

DEBS traded up GBX 0.25 during midday trading on Tuesday, hitting GBX 18. 4,392,801 shares of the company were exchanged, compared to its average volume of 5,144,672. Debenhams Capital has a 1-year low of GBX 10.30 and a 1-year high of GBX 29.50. The firm has a market capitalization of £242.56 million and a P/E ratio of -1.78. The firm's 50 day moving average price is GBX 20.95 and its 200-day moving average price is GBX 18.20.

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.

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