Ted Baker plc (TED) Given Buy Rating at Liberum Capital
Ted Baker plc (LON:TED)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They presently have a GBX 3,100 ($38.37) price target on the stock. Liberum Capital’s target price would suggest a potential upside of 28.36% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 2,925 ($36.20) price target (down previously from GBX 3,500 ($43.32)) on shares of Ted Baker plc in a research report on Friday, September 23rd. Jefferies Group reduced their target price on shares of Ted Baker plc from GBX 3,000 ($37.13) to GBX 2,820 ($34.90) and set a “buy” rating on the stock in a report on Tuesday, July 5th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 3,571 ($44.20) target price on shares of Ted Baker plc in a report on Tuesday, June 14th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 3,100 ($38.37) target price on shares of Ted Baker plc in a report on Tuesday. Finally, BNP Paribas initiated coverage on shares of Ted Baker plc in a report on Friday, September 9th. They issued an “outperform” rating and a GBX 3,500 ($43.32) target price on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given 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 3,169.33 ($39.22).
Shares of Ted Baker plc (LON:TED) opened at 2549.00 on Tuesday. The firm’s market capitalization is GBX 1.12 billion. Ted Baker plc has a 52 week low of GBX 2,069.00 and a 52 week high of GBX 3,650.00. The firm’s 50-day moving average is GBX 2,597.92 and its 200 day moving average is GBX 2,475.50.
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In other Ted Baker plc news, insider Anderson,Charles sold 2,339 shares of the stock in a transaction that occurred on Tuesday, July 26th. The shares were sold at an average price of GBX 2,276 ($28.17), for a total value of £53,235.64 ($65,885.69).
About Ted Baker plc
Ted Baker Plc is a global lifestyle company. The Company offers a range of collections, including menswear, womenswearm, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.
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