Ted Baker (TBAKF) Raised to Buy at Zacks Investment Research
Ted Baker (NASDAQ:TBAKF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Friday. The brokerage presently has a $34.00 price objective on the stock.
According to Zacks, “Ted Baker PLC is a lifestyle brand company. It offers Menswear; Womenswear; Phormal; Endurance; Accessories; Audio; Bedding; Childrenswear; Crockery; Eyewear; Footwear; Fragrance and Skinwear; Gifting and Stationery; Jewellery; Lingerie and Sleepwear; Luggage; Neckwear; Rugs; Suiting; Technical Accessories; Tiles and Watches through distribution channels, retail ; wholesale and licensing. The company operates primarily in the UK; Europe; North America; Middle East, Asia, Africa and Australasia. Ted Baker PLC is headquartered in London, the United Kingdom. “
Shares of Ted Baker (TBAKF) opened at 31.05 on Friday. The firm has a market cap of $1.37 billion and a price-to-earnings ratio of 22.52. Ted Baker has a 1-year low of $30.57 and a 1-year high of $36.05. The stock has a 50 day moving average price of $31.05 and a 200-day moving average price of $33.08.
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