Peel Hunt reaffirmed their hold rating on shares of Ted Baker plc (LON:TED) in a research note issued to investors on Tuesday morning. The brokerage currently has a GBX 3,100 ($38.37) target price on the stock.
Several other equities analysts have also weighed in on TED. Canaccord Genuity reissued a buy rating and issued a GBX 3,571 ($44.20) target price on shares of Ted Baker plc in a research note on Tuesday, June 14th. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 4,300 ($53.22) target price on shares of Ted Baker plc in a research note on Monday, June 27th. Liberum Capital reissued a buy rating and issued a GBX 3,100 ($38.37) target price on shares of Ted Baker plc in a research note on Tuesday, July 5th. Jefferies Group dropped 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 research report on Tuesday, July 5th. Finally, Panmure Gordon reaffirmed a sell rating on shares of Ted Baker plc in a research report on Wednesday, July 13th. One equities research analyst has rated the stock with a sell rating, one has given 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 3,205.17 ($39.67).
Shares of Ted Baker plc (LON:TED) opened at 2580.00 on Tuesday. The company’s market cap is GBX 1.13 billion. Ted Baker plc has a 12 month low of GBX 2,069.00 and a 12 month high of GBX 3,650.00. The firm’s 50-day moving average price is GBX 2,592.89 and its 200-day moving average price is GBX 2,475.61.
The company also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 20th will be given a GBX 14.80 ($0.18) dividend. This represents a yield of 0.58%. The ex-dividend date of this dividend is Thursday, October 20th.
In related news, insider Anderson,Charles sold 2,339 shares of Ted Baker plc stock in a transaction that occurred 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).
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.
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