Peel Hunt Reiterates Hold Rating for Ted Baker (TED)

Ted Baker (LON:TED)‘s stock had its “hold” rating restated by Peel Hunt in a report issued on Thursday, February 1st. They currently have a GBX 3,000 ($42.06) price target on the stock. Peel Hunt’s price target suggests a potential upside of 1.56% from the stock’s previous close.

TED has been the topic of a number of other reports. Liberum Capital reiterated a “buy” rating and issued a GBX 3,300 ($46.27) target price on shares of Ted Baker in a research note on Wednesday, January 17th. Jefferies Group raised their target price on shares of Ted Baker from GBX 2,900 ($40.66) to GBX 3,100 ($43.47) and gave the company a “buy” rating in a research note on Wednesday, October 11th. Finally, Barclays assumed coverage on shares of Ted Baker in a research report on Wednesday, December 6th. They issued an “equal weight” rating and a GBX 2,700 ($37.86) price target on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Ted Baker currently has a consensus rating of “Buy” and an average target price of GBX 3,002.14 ($42.09).

Ted Baker (TED) opened at GBX 2,954 ($41.42) on Thursday. Ted Baker has a 12 month low of GBX 2,286 ($32.05) and a 12 month high of GBX 3,120 ($43.75). The stock has a market cap of $1,310.00 and a price-to-earnings ratio of 2,661.26.

In other Ted Baker news, insider Lindsay Dennis Page sold 28,393 shares of the firm’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of GBX 3,050 ($42.77), for a total value of £865,986.50 ($1,214,226.72).

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About Ted Baker

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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