Liberum Capital reaffirmed their buy rating on shares of Ted Baker plc (LON:TED) in a research note released on Tuesday. Liberum Capital currently has a GBX 3,100 ($38.37) price objective on the stock.
Several other research firms have also recently weighed in on TED. Goldman Sachs Group Inc. reissued a buy rating and set a GBX 3,500 ($43.32) price target on shares of Ted Baker plc in a report on Tuesday, September 6th. BNP Paribas began coverage on Ted Baker plc in a report on Friday, September 9th. They set an outperform rating and a GBX 3,500 ($43.32) price target on the stock. Peel Hunt reissued a hold rating and set a GBX 3,100 ($38.37) price target on shares of Ted Baker plc in a report on Tuesday. Canaccord Genuity reissued a buy rating and set a GBX 3,571 ($44.20) price target on shares of Ted Baker plc in a report on Tuesday, June 14th. Finally, Jefferies Group lowered their price target on Ted Baker plc from GBX 3,000 ($37.13) to GBX 2,820 ($34.90) and set a buy rating on the stock in a report on Tuesday, July 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of Buy and an average target price of GBX 3,169.33 ($39.22).
Shares of Ted Baker plc (LON:TED) opened at 2549.00 on Tuesday. Ted Baker plc has a one year low of GBX 2,069.00 and a one year high of GBX 3,650.00. The company’s market capitalization is GBX 1.12 billion. The company’s 50-day moving average price is GBX 2,596.08 and its 200-day moving average price is GBX 2,473.85.
The business also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 20th will be issued a GBX 14.80 ($0.18) dividend. The ex-dividend date is Thursday, October 20th. This represents a yield of 0.58%.
In related news, insider Anderson,Charles sold 2,339 shares of the firm’s stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of GBX 2,276 ($28.17), for a total value of £53,235.64 ($65,885.69).
About Ted Baker plc
Ted Baker Plc is a global lifestyle company. The Company offers a range of collections, including menswear, womenswearm, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.
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