Brokerages Set Ted Baker plc (TED) PT at $2,994.17

Ted Baker plc (LON:TED) has been assigned a consensus recommendation of “Buy” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 2,994.17 ($39.78).

TED has been the subject of several research reports. Peel Hunt restated a “hold” rating and issued a GBX 2,750 ($36.54) price objective on shares of Ted Baker plc in a research report on Tuesday, October 10th. Liberum Capital restated a “buy” rating and issued a GBX 3,100 ($41.19) price objective on shares of Ted Baker plc in a research report on Tuesday, October 10th. Jefferies Group LLC raised their price objective on shares of Ted Baker plc from GBX 2,900 ($38.53) to GBX 3,100 ($41.19) and gave the company a “buy” rating in a research report on Wednesday, October 11th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 2,800 ($37.20) price objective on shares of Ted Baker plc in a research report on Tuesday, June 27th.

Shares of Ted Baker plc (TED) traded up 1.63% during mid-day trading on Friday, hitting GBX 2805.00. 58,312 shares of the stock were exchanged. The firm’s market cap is GBX 1.24 billion. The company’s 50-day moving average is GBX 2,585.43 and its 200-day moving average is GBX 2,543.62. Ted Baker plc has a 1-year low of GBX 2,286.00 and a 1-year high of GBX 3,150.00.

The business also recently disclosed a dividend, which will be paid on Friday, November 17th. Shareholders of record on Thursday, October 19th will be given a GBX 16.60 ($0.22) dividend. This represents a yield of 0.6%. The ex-dividend date is Thursday, October 19th.

In other Ted Baker plc news, insider Raymond Stuart Kelvin sold 62,527 shares of the firm’s stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of GBX 2,760 ($36.67), for a total value of £1,725,745.20 ($2,293,044.38).

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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.

Analyst Recommendations for Ted Baker plc (LON:TED)

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