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boohoo group Plc ( (GB:DEBS) ) has provided an update.
Debenhams Group has announced changes to its Board, appointing Tom Handley as an Independent Non-Executive Director. Handley, with extensive governance expertise, is expected to contribute significantly to the company’s growth. Alistair McGeorge steps down from his role, with John Goold taking over as Senior Independent Director. These changes are seen as strategic moves to bolster the company’s governance and operational capabilities.
The most recent analyst rating on (GB:DEBS) stock is a Sell with a £13.00 price target. To see the full list of analyst forecasts on boohoo group Plc stock, see the GB:DEBS Stock Forecast page.
Spark’s Take on GB:DEBS Stock
According to Spark, TipRanks’ AI Analyst, GB:DEBS is a Underperform.
boohoo group Plc’s stock score is primarily impacted by its poor financial performance and weak technical indicators. The company’s negative profitability and high leverage pose significant risks. Additionally, bearish technical signals and a negative P/E ratio further contribute to the low score.
To see Spark’s full report on GB:DEBS stock, click here.
More about boohoo group Plc
Debenhams Group is a leading online retailer in fashion, home, and beauty, serving millions of customers across five shopping destinations: Debenhams, Karen Millen, boohoo, MAN, and PLT. The Group has a rich history dating back to 1778 and was relaunched in 2021 as an online department store.
Average Trading Volume: 4,993,340
Technical Sentiment Signal: Sell
Current Market Cap: £163.8M
See more insights into DEBS stock on TipRanks’ Stock Analysis page.