Ted Baker plc (TED) Given Consensus Rating of “Buy” by Brokerages
Ted Baker plc (LON:TED) has received a consensus recommendation of “Buy” from the seven analysts that are covering the company. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 3,169.33 ($39.22).
A number of research analysts have issued reports on TED shares. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 4,300 ($53.22) target price on shares of Ted Baker plc in a report on Monday, June 27th. 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, June 14th. Panmure Gordon reissued a “sell” rating on shares of Ted Baker plc in a research note on Wednesday, July 13th. Canaccord Genuity reissued a “buy” rating and set a GBX 3,571 ($44.20) price objective on shares of Ted Baker plc in a research note on Tuesday. Finally, Liberum Capital reissued a “buy” rating and set a GBX 3,100 ($38.37) price objective on shares of Ted Baker plc in a research note on Tuesday, July 5th.
In related news, insider Anderson,Charles sold 2,339 shares of the firm’s 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 transaction of £53,235.64 ($65,885.69).
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Ted Baker plc (LON:TED) traded up 0.59% on Wednesday, reaching GBX 2545.00. The company had a trading volume of 63,378 shares. The stock’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 stock has a 50 day moving average price of GBX 2,596.08 and a 200 day moving average price of GBX 2,473.85.
The company also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 20th will be given a dividend of GBX 14.80 ($0.18) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a yield of 0.58%.
Ted Baker plc Company Profile
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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