Ted Baker (TBAKF) Upgraded at Zacks Investment Research

Ted Baker (OTCMKTS:TBAKF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday. The brokerage currently has a $40.00 price objective on the stock. Zacks Investment Research‘s price target suggests a potential upside of 12.49% from the stock’s previous close.

According to Zacks, “Ted Baker PLC is a lifestyle brand company. It offers Menswear; Womenswear; Phormal; Endurance; Accessories; Audio; Bedding; Childrenswear; Crockery; Eyewear; Footwear; Fragrance and Skinwear; Gifting and Stationery; Jewellery; Lingerie and Sleepwear; Luggage; Neckwear; Rugs; Suiting; Technical Accessories; Tiles and Watches through distribution channels, retail ; wholesale and licensing. The company operates primarily in the UK; Europe; North America; Middle East, Asia, Africa and Australasia. Ted Baker PLC is headquartered in London, the United Kingdom. “

Ted Baker stock opened at $35.56 on Friday. The company has a market capitalization of $1,581.50, a PE ratio of 23.55, a P/E/G ratio of 1.41 and a beta of 1.13. Ted Baker has a 12-month low of $35.52 and a 12-month high of $38.03.

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Ted Baker Company Profile

Ted Baker Plc engages in the design, wholesale, and retail of menswear, womenswear, and accessories under the Ted Baker name. The company operates through three segments: Retail, Wholesale, and Licensing. It offers a range of collections, including global, phormal, endurance, accessories, audio, bedding, children’s wear, crockery, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles, and watches.

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