Ted Baker plc Receives Average Rating of “Buy” from Analysts (LON:TED)
Ted Baker plc (LON:TED) has received a consensus rating of “Buy” from the seven brokerages that are currently covering the stock, American Banking News.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,160.71 ($35.76).
A number of research firms have recently commented on TED. Analysts at Liberum Capital reiterated a “buy” rating on shares of Ted Baker plc in a research note on Friday, August 15th. They now have a GBX 2,400 ($39.72) price target on the stock. Finally, analysts at Oriel Securities Ltd downgraded shares of Ted Baker plc to an “add” rating in a research note on Tuesday, June 10th. They now have a GBX 2,200 ($36.41) price target on the stock.
Shares of Ted Baker plc (LON:TED) traded up 1.84% on Thursday, hitting GBX 1940.00. The stock had a trading volume of 14,965 shares. Ted Baker plc has a one year low of GBX 1634.12 and a one year high of GBX 2360.00. The stock has a 50-day moving average of GBX 1735. and a 200-day moving average of GBX 1926..
Ted Baker PLC is engaged in the designing, wholesaling and retailing of menswear, womenswear and related accessories.
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