Ted Baker plc Receives “Hold” Rating from Nplus1 Brewin (TED)
Ted Baker plc (LON:TED)‘s stock had its “hold” rating reiterated by investment analysts at Nplus1 Brewin in a note issued to investors on Thursday, Stock Ratings News reports. They currently have a GBX 1,725 ($28.29) target price on the stock. Nplus1 Brewin’s price target would suggest a potential downside of 25.00% from the stock’s previous close.
Ted Baker plc (LON:TED) opened at 2256.00 on Thursday. Ted Baker plc has a 1-year low of GBX 1140.00 and a 1-year high of GBX 2345.00. The stock has a 50-day moving average of GBX 2137.61 and a 200-day moving average of GBX 1913..
A number of other firms have also recently commented on TED. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ted Baker plc in a research note to investors on Thursday. They now have a GBX 2,300 ($37.72) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Ted Baker plc in a research note to investors on Thursday. They now have a GBX 1,725 ($28.29) price target on the stock. Finally, 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. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Ted Baker plc presently has a consensus rating of “Buy” and an average price target of GBX 1,910.98 ($31.34).
Ted Baker PLC is engaged in the designing, wholesaling and retailing of menswear, womenswear and related accessories.
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