Cantor Fitzgerald Increases Ted Baker plc Price Target to GBX 2,350 (TED)
Research analysts at Cantor Fitzgerald lifted their price target on shares of Ted Baker plc (LON:TED) from GBX 2,025 ($33.21) to GBX 2,350 ($38.54) in a report released on Thursday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Cantor Fitzgerald’s price target suggests a potential upside of 5.38% from the company’s current price.
A number of other firms have also recently commented on TED. Analysts at Liberum Capital initiated coverage on shares of Ted Baker plc in a research note to investors on Tuesday, December 3rd. They set a “buy” rating and a GBX 2,300 ($37.72) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Ted Baker plc from GBX 2,150 ($35.26) to GBX 2,300 ($37.72) in a research note to investors on Thursday, November 28th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Ted Baker plc in a research note to investors on Thursday, November 14th. They now have a GBX 2,150 ($35.26) price target on the stock. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,953.48 ($32.04).
Shares of Ted Baker plc (LON:TED) traded down 3.04% during mid-day trading on Thursday, hitting GBX 2230.00. 21,641 shares of the company’s stock traded hands. Ted Baker plc has a 52-week low of GBX 1140.00 and a 52-week high of GBX 2345.00. The stock’s 50-day moving average is GBX 2137.61 and its 200-day moving average is GBX 1913..
Ted Baker PLC is engaged in the designing, wholesaling and retailing of menswear, womenswear and related accessories.
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