Ted Baker plc (LON:TED)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research note issued to investors on Wednesday. They presently have a GBX 3,100 ($40.04) price target on the stock. Liberum Capital’s price objective points to a potential upside of 28.05% from the company’s current price.
Several other brokerages have also recently weighed in on TED. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 2,800 ($36.16) price objective on shares of Ted Baker plc in a research note on Tuesday, June 27th. Jefferies Group LLC boosted their price objective on shares of Ted Baker plc from GBX 2,820 ($36.42) to GBX 2,900 ($37.45) and gave the stock a “buy” rating in a research note on Wednesday, June 14th. Finally, Peel Hunt reduced their price objective on shares of Ted Baker plc from GBX 3,100 ($40.04) to GBX 2,750 ($35.52) and set a “hold” rating on the stock in a research note on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 2,960.83 ($38.24).
Ted Baker plc (LON TED) opened at 2418.00 on Wednesday. The firm’s market cap is GBX 1.07 billion. Ted Baker plc has a 1-year low of GBX 2,286.00 and a 1-year high of GBX 3,150.00. The stock has a 50 day moving average price of GBX 2,473.51 and a 200-day moving average price of GBX 2,570.92.
In other Ted Baker plc news, insider Charles Anderson sold 4,402 shares of the company’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of GBX 2,385 ($30.80), for a total transaction of £104,987.70 ($135,590.47).
Ted Baker plc 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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