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.

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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.

Analyst Recommendations for Ted Baker plc (LON:TED)

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