Debenhams Plc 42.4% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Debenhams Plc using EPIC/TICKER code (LON:DEB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Debenhams Plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 2 GBX on its stock. This is indicating the analyst believes there is a potential downside of -42.4% from today’s opening price of 3.47 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.5 points and decreased 5.57 points respectively. The 1 year high for the share price is 32.14 GBX while the 52 week low is 3.12 GBX.

Debenhams Plc has a 50 day moving average of 6.32 GBX and a 200 day moving average of 13.50. There are currently 1,227,822,150 shares in issue with the average daily volume traded being 16,685,785. Market capitalisation for LON:DEB is £41,329,722 GBP.

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