Ted Baker plc (TED) Given Average Rating of “Buy” by Brokerages
Shares of Ted Baker plc (LON:TED) have earned a consensus rating of “Buy” from the seven analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 2,994.17 ($40.10).
Several equities analysts recently commented on TED shares. Liberum Capital reissued a “buy” rating and issued a GBX 3,100 ($41.52) target price on shares of Ted Baker in a report on Wednesday, September 13th. Peel Hunt restated a “hold” rating and issued a GBX 2,750 ($36.83) price objective on shares of Ted Baker in a research note on Friday, September 15th. Finally, Jefferies Group upped their price objective on shares of Ted Baker from GBX 2,900 ($38.84) to GBX 3,100 ($41.52) and gave the company a “buy” rating in a research note on Wednesday, October 11th.
In other Ted Baker news, insider Raymond Stuart Kelvin sold 62,527 shares of the company’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of GBX 2,760 ($36.96), for a total value of £1,725,745.20 ($2,311,162.72).
The business also recently disclosed a dividend, which was paid on Friday, November 17th. Shareholders of record on Thursday, October 19th were paid a GBX 16.60 ($0.22) dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a yield of 0.6%.
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About Ted Baker
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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