Ted Baker plc Receives Hold Rating from N+1 Singer (TED)
Ted Baker plc (LON:TED)‘s stock had its “hold” rating reiterated by research analysts at N+1 Singer in a report released on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 1,725 ($28.29) price objective on the stock. N+1 Singer’s target price indicates a potential downside of 25.00% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cantor Fitzgerald raised their price target on shares of Ted Baker plc from GBX 2,025 ($33.21) to GBX 2,350 ($38.54) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, 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. Finally, 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. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,910.98 ($31.34).
Ted Baker plc (LON:TED) opened at 2267.00 on Thursday. Ted Baker plc has a one year low of GBX 1140.00 and a one year high of GBX 2345.00. The stock has a 50-day moving average of GBX 2114.88 and a 200-day moving average of GBX 1910..
Ted Baker PLC is engaged in the designing, wholesaling and retailing of menswear, womenswear and related accessories.
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