Ted Baker (TED) Given Hold Rating at Peel Hunt
Ted Baker (LON:TED)‘s stock had its “hold” rating reaffirmed by Peel Hunt in a research note issued on Tuesday. They presently have a GBX 2,750 ($37.01) target price on the stock. Peel Hunt’s target price suggests a potential upside of 8.54% from the stock’s previous close.
Other research analysts have also issued reports about the stock. Liberum Capital reissued a “buy” rating and set a GBX 3,100 ($41.72) target price on shares of Ted Baker in a research note on Tuesday, October 3rd. Jefferies Group boosted their target price on shares of Ted Baker from GBX 2,900 ($39.03) to GBX 3,100 ($41.72) and gave the company a “buy” rating in a research note on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 2,952.14 ($39.73).
Ted Baker (TED) traded up GBX 20.67 ($0.28) during midday trading on Tuesday, hitting GBX 2,533.67 ($34.10). 32,954 shares of the stock traded hands, compared to its average volume of 68,434. Ted Baker has a 1-year low of GBX 2,286 ($30.77) and a 1-year high of GBX 3,150 ($42.40).
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Ted Baker 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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