Ted Baker plc (TED) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Ted Baker plc (LON:TED) have earned a consensus rating of “Buy” from the seven analysts that are covering the firm. One equities research 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 12-month price target among analysts that have issued a report on the stock in the last year is GBX 3,122.50 ($39.30).
Several analysts recently commented on TED shares. Panmure Gordon restated a “sell” rating on shares of Ted Baker plc in a report on Friday, January 6th. Liberum Capital restated a “buy” rating and set a GBX 3,100 ($39.02) price target on shares of Ted Baker plc in a report on Wednesday, January 11th. Peel Hunt restated a “hold” rating and set a GBX 3,100 ($39.02) price target on shares of Ted Baker plc in a report on Wednesday, January 11th. Jefferies Group LLC restated a “buy” rating and set a GBX 2,820 ($35.49) price target on shares of Ted Baker plc in a report on Friday, March 24th. Finally, Goldman Sachs Group Inc decreased their price target on shares of Ted Baker plc from GBX 3,140 ($39.52) to GBX 3,100 ($39.02) and set a “buy” rating for the company in a report on Friday, March 24th.
In related news, insider Lindsay Dennis Page sold 29,779 shares of the firm’s stock in a transaction that occurred on Thursday, January 26th. The shares were sold at an average price of GBX 2,942 ($37.03), for a total transaction of £876,098.18 ($1,102,703.81).
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Shares of Ted Baker plc (LON:TED) opened at 2794.00 on Friday. Ted Baker plc has a one year low of GBX 2,069.00 and a one year high of GBX 3,150.00. The firm has a 50 day moving average of GBX 2,795.67 and a 200 day moving average of GBX 2,715.38. The stock’s market cap is GBX 1.23 billion.
The business also recently declared a dividend, which will be paid on Friday, June 23rd. Investors of record on Thursday, May 18th will be issued a dividend of GBX 38.80 ($0.49) per share. This is a boost from Ted Baker plc’s previous dividend of $14.80. This represents a dividend yield of 1.46%. The ex-dividend date is Thursday, May 18th.
Ted Baker plc Company Profile
Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, 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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