Ted Baker (LON:TED)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a note issued to investors on Monday, February 4th.
A number of other equities research analysts have also weighed in on the stock. HSBC raised shares of Ted Baker to a “buy” rating and boosted their target price for the stock from GBX 1,450 ($18.95) to GBX 2,215 ($28.94) in a report on Thursday, January 10th. Peel Hunt reaffirmed a “hold” rating on shares of Ted Baker in a research note on Wednesday, January 9th. Royal Bank of Canada reduced their price objective on shares of Ted Baker from GBX 2,500 ($32.67) to GBX 2,000 ($26.13) and set an “outperform” rating on the stock in a research note on Monday, January 7th. Goldman Sachs Group reduced their price objective on shares of Ted Baker from GBX 2,750 ($35.93) to GBX 2,000 ($26.13) and set a “buy” rating on the stock in a research note on Friday, December 7th. Finally, Jefferies Financial Group upgraded shares of Ted Baker to a “buy” rating in a research report on Friday, December 7th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 2,507 ($32.76).
Shares of LON:TED traded up GBX 66 ($0.86) during midday trading on Monday, hitting GBX 1,892 ($24.72). The stock had a trading volume of 92,865 shares, compared to its average volume of 51,572. Ted Baker has a fifty-two week low of GBX 2,286 ($29.87) and a fifty-two week high of GBX 3,244 ($42.39).
About Ted Baker
Ted Baker Plc engages in the design, wholesale, and retail of menswear, womenswear, and accessories under the Ted Baker name. The company operates through three segments: Retail, Wholesale, and Licensing. It offers a range of collections, including global, phormal, endurance, accessories, bedding, children's wear, crockery, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles, and watches.
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