Peel Hunt Reaffirms Hold Rating for Ted Baker (TED)

Ted Baker (LON:TED)‘s stock had its “hold” rating reiterated by investment analysts at Peel Hunt in a research note issued on Thursday, February 1st. They presently have a GBX 3,000 ($41.45) price target on the stock. Peel Hunt’s price objective would indicate a potential upside of 2.11% from the stock’s current price.

TED has been the subject of a number of other research reports. Liberum Capital restated a “buy” rating and issued a GBX 3,300 ($45.59) price target on shares of Ted Baker in a research report on Wednesday, January 17th. Jefferies Group upped their price target on Ted Baker from GBX 2,900 ($40.07) to GBX 3,100 ($42.83) and gave the stock a “buy” rating in a research report on Wednesday, October 11th. 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 ($37.30) price target for the company. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Ted Baker currently has a consensus rating of “Buy” and a consensus price target of GBX 3,002.14 ($41.48).

Shares of Ted Baker (TED) traded down GBX 20 ($0.28) on Thursday, reaching GBX 2,938 ($40.59). The company’s stock had a trading volume of 48,520 shares, compared to its average volume of 69,606. The stock has a market capitalization of $1,310.00 and a PE ratio of 2,646.85. Ted Baker has a fifty-two week low of GBX 2,286 ($31.58) and a fifty-two week high of GBX 3,120 ($43.11).

In related news, insider Lindsay Dennis Page sold 28,393 shares of the stock in a transaction dated Friday, January 12th. The stock was sold at an average price of GBX 3,050 ($42.14), for a total transaction of £865,986.50 ($1,196,444.46).

TRADEMARK VIOLATION NOTICE: “Peel Hunt Reaffirms Hold Rating for Ted Baker (TED)” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/19/ted-baker-ted-stock-rating-reaffirmed-by-peel-hunt.html.

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)

Receive News & Ratings for Ted Baker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply