Goldman Sachs Group Inc. reaffirmed their buy rating on shares of Ted Baker plc (LON:TED) in a research report sent to investors on Friday morning. Goldman Sachs Group Inc. currently has a GBX 2,925 ($38.18) price objective on the stock, down from their previous price objective of GBX 3,500 ($45.69).
A number of other analysts have also recently commented on TED. Peel Hunt restated a hold rating and issued a GBX 3,100 ($40.46) price objective on shares of Ted Baker plc in a research report on Tuesday, June 14th. Canaccord Genuity reiterated a buy rating and set a GBX 3,571 ($46.61) price target on shares of Ted Baker plc in a research report on Tuesday, June 14th. Liberum Capital reiterated a buy rating and set a GBX 3,100 ($40.46) price target on shares of Ted Baker plc in a research report on Tuesday, July 5th. Jefferies Group dropped their price target on Ted Baker plc from GBX 3,000 ($39.16) to GBX 2,820 ($36.81) and set a buy rating for the company in a research report on Tuesday, July 5th. Finally, Panmure Gordon reiterated a sell rating on shares of Ted Baker plc in a research report on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of GBX 3,169.33 ($41.37).
Shares of Ted Baker plc (LON:TED) opened at 2456.00 on Friday. The stock’s market cap is GBX 1081.97 billion. Ted Baker plc has a 1-year low of GBX 2,069.00 and a 1-year high of GBX 3,650.00. The firm has a 50-day moving average price of GBX 2,587.25 and a 200-day moving average price of GBX 2,496.26.
In other Ted Baker plc news, insider Anderson,Charles sold 2,339 shares of the business’s stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of GBX 2,276 ($29.71), for a total transaction of £53,235.64 ($69,489.15).
Ted Baker plc Company Profile
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.
Receive News & Ratings for Ted Baker plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker plc and related companies with MarketBeat.com's FREE daily email newsletter.