Ted Baker (TED) Given New GBX 3,000 Price Target at Peel Hunt

Ted Baker (LON:TED) had its target price boosted by Peel Hunt from GBX 2,750 ($37.29) to GBX 3,000 ($40.68) in a research report sent to investors on Wednesday morning. The firm currently has a hold rating on the stock.

A number of other equities research analysts also recently issued reports on the company. Jefferies Group increased their price objective on Ted Baker from GBX 2,900 ($39.33) to GBX 3,100 ($42.04) and gave the stock a buy rating in a research report on Wednesday, October 11th. Liberum Capital increased their price objective on Ted Baker from GBX 3,100 ($42.04) to GBX 3,300 ($44.75) and gave the stock a buy rating in a research report on Wednesday. Finally, Barclays assumed coverage on Ted Baker in a research report on Wednesday, December 6th. They issued an equal weight rating and a GBX 2,700 ($36.62) price objective on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Ted Baker presently has a consensus rating of Buy and an average target price of GBX 3,002.14 ($40.71).

Shares of Ted Baker (TED) opened at GBX 3,048 ($41.33) on Wednesday. The stock has a market capitalization of $1,360.00 and a price-to-earnings ratio of 2,745.95. Ted Baker has a 12-month low of GBX 2,286 ($31.00) and a 12-month high of GBX 3,150 ($42.72).

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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.

Analyst Recommendations for Ted Baker (LON:TED)

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