Ted Baker plc (LON:TED) Receives Consensus Rating of “Buy” from Analysts
Shares of Ted Baker plc (LON:TED) have received an average rating of “Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 3,037.86 ($40.07).
Several research analysts have recently commented on the company. Liberum Capital reiterated a “buy” rating and set a GBX 3,100 ($40.89) price target on shares of Ted Baker plc in a report on Friday, July 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,800 ($36.93) price target on shares of Ted Baker plc in a report on Tuesday, June 27th. Jefferies Group LLC lifted their price target on Ted Baker plc from GBX 2,820 ($37.20) to GBX 2,900 ($38.25) and gave the stock a “buy” rating in a report on Wednesday, June 14th. Finally, Peel Hunt reduced their price target on Ted Baker plc from GBX 3,100 ($40.89) to GBX 2,750 ($36.27) and set a “hold” rating on the stock in a report on Tuesday, June 13th.
ILLEGAL ACTIVITY NOTICE: This report was first published by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/08/01/ted-baker-plc-lonted-receives-consensus-rating-of-buy-from-analysts.html.
Shares of Ted Baker plc (TED) opened at 2509.00 on Tuesday. Ted Baker plc has a 52 week low of GBX 2,213.00 and a 52 week high of GBX 3,150.00. The stock has a 50 day moving average of GBX 2,409.85 and a 200 day moving average of GBX 2,662.09. The stock’s market cap is GBX 1.11 billion.
In other news, insider Charles Anderson sold 4,402 shares of Ted Baker plc stock in a transaction on Friday, June 30th. The stock was sold at an average price of GBX 2,385 ($31.46), for a total transaction of £104,987.70 ($138,487.93).
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.
Receive News & Ratings for Ted Baker plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker plc and related companies with MarketBeat.com's FREE daily email newsletter.