Ted Baker plc (TED) Insider Sells £865,986.50 in Stock
Ted Baker plc (LON:TED) insider Lindsay Dennis Page sold 28,393 shares of Ted Baker stock in a transaction on Friday, January 12th. The stock was sold at an average price of GBX 3,050 ($41.36), for a total value of £865,986.50 ($1,174,378.22).
Shares of Ted Baker plc (LON TED) traded down GBX 46 ($0.62) during midday trading on Monday, hitting GBX 3,002 ($40.71). The company had a trading volume of 56,901 shares, compared to its average volume of 47,298. The firm has a market cap of $1,350.00 and a PE ratio of 2,704.50. Ted Baker plc has a twelve month low of GBX 2,286 ($31.00) and a twelve month high of GBX 3,150 ($42.72).
A number of brokerages recently issued reports on TED. Jefferies Group lifted their target price on Ted Baker from GBX 2,900 ($39.33) to GBX 3,100 ($42.04) and gave the stock a “buy” rating in a report on Wednesday, October 11th. Liberum Capital lifted their target price on Ted Baker from GBX 3,100 ($42.04) to GBX 3,300 ($44.75) and gave the stock a “buy” rating in a report on Wednesday, January 10th. Peel Hunt restated a “hold” rating and issued a GBX 2,750 ($37.29) target price on shares of Ted Baker in a report on Tuesday, October 10th. Finally, Barclays began coverage on Ted Baker in a report on Wednesday, December 6th. They issued an “equal weight” rating and a GBX 2,700 ($36.62) target price on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Ted Baker currently has an average rating of “Buy” and a consensus target price of GBX 3,002.14 ($40.71).
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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