Ted Baker (LON:TED)‘s stock had its “add” rating reissued by equities research analysts at Peel Hunt in a report issued on Friday.
A number of other research firms also recently issued reports on TED. Liberum Capital cut their price objective on shares of Ted Baker from GBX 3,300 ($43.12) to GBX 3,100 ($40.51) and set a “buy” rating for the company in a report on Thursday, October 4th. HSBC initiated coverage on shares of Ted Baker in a report on Tuesday, July 10th. They issued a “buy” rating and a GBX 2,900 ($37.89) price objective for the company. Barclays cut their price objective on shares of Ted Baker from GBX 2,550 ($33.32) to GBX 2,350 ($30.71) and set an “equal weight” rating for the company in a report on Friday, October 5th. Finally, Royal Bank of Canada cut their price objective on shares of Ted Baker from GBX 3,000 ($39.20) to GBX 2,500 ($32.67) and set an “outperform” rating for the company in a report on Monday, October 15th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 2,865.67 ($37.45).
Shares of TED stock opened at GBX 1,934 ($25.27) on Friday. Ted Baker has a 52 week low of GBX 2,286 ($29.87) and a 52 week high of GBX 3,244 ($42.39).
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, 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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