Ted Baker plc Stock Rating Reaffirmed by Jefferies Group (TED)
Ted Baker plc (LON:TED)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Monday, AmericanBankingNews.com reports. They currently have a GBX 2,150 ($34.49) target price on the stock. Jefferies Group’s target price would indicate a potential upside of 17.10% from the stock’s previous close.
Shares of Ted Baker plc (LON:TED) opened at 1825.00 on Monday. Ted Baker plc has a one year low of GBX 910.0001 and a one year high of GBX 2021.9999. The stock has a 50-day moving average of GBX 1920. and a 200-day moving average of GBX 1588.06.
Several other analysts have also recently commented on the stock. Analysts at Peel Hunt raised their price target on shares of Ted Baker plc from GBX 1,900 ($30.48) to GBX 2,100 ($33.69) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Seymour Pierce raised their price target on shares of Ted Baker plc from GBX 1,350 ($21.66) to GBX 1,925 ($30.88) in a research note to investors on Wednesday, August 7th. They now have a “hold” rating on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Ted Baker plc from GBX 1,350 ($21.66) to GBX 1,925 ($30.88) in a research note to investors on Wednesday, August 7th. They now have a “hold” rating on the stock. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Ted Baker plc presently has a consensus rating of “Buy” and a consensus price target of GBX 1,748.10 ($28.05).
Ted Baker PLC is engaged in the designing, wholesaling and retailing of menswear, womenswear and related accessories.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.