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Debenhams Group CFO Increases Stake with Share Purchase

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Debenhams Group CFO Increases Stake with Share Purchase

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boohoo group Plc ( (GB:DEBS) ) has provided an update.

Phil Ellis, Chief Financial Officer of Debenhams Group, has purchased 162,881 ordinary shares in the company, representing approximately 0.01% of its issued share capital. This transaction highlights the confidence of the company’s leadership in its market position and future prospects, potentially impacting investor sentiment positively.

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, an online powerhouse in fashion, home, and beauty, serves millions of customers across five shopping destinations: Debenhams, Karen Millen, boohoo, MAN, and PLT. The group, which dates back to 1778, includes leading online fashion retailers and was relaunched in 2021 as an online department store.

Average Trading Volume: 5,302,342

Technical Sentiment Signal: Sell

Current Market Cap: £158.9M

For detailed information about DEBS stock, go to TipRanks’ Stock Analysis page.

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