Ted Baker plc (TED) Receives “Buy” Rating from Jefferies Group
Jefferies Group reaffirmed their buy rating on shares of Ted Baker plc (LON:TED) in a research report report published on Tuesday morning. They currently have a GBX 2,820 ($34.90) price target on the stock.
Other equities analysts have also recently issued reports about the company. Peel Hunt reiterated a hold rating and issued a GBX 3,100 ($38.37) price objective on shares of Ted Baker plc in a report on Tuesday. Liberum Capital reiterated a buy rating and issued a GBX 3,100 ($38.37) price objective on shares of Ted Baker plc in a report on Tuesday. Canaccord Genuity reiterated a buy rating and issued a GBX 3,571 ($44.20) price objective on shares of Ted Baker plc in a report on Tuesday, June 14th. Panmure Gordon reiterated a sell rating on shares of Ted Baker plc in a report on Wednesday, July 13th. Finally, Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 4,300 ($53.22) price objective on shares of Ted Baker plc in a report on Monday, June 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 3,169.33 ($39.22).
Ted Baker plc (LON:TED) opened at 2549.00 on Tuesday. The firm’s market capitalization is GBX 1.12 billion. The stock’s 50 day moving average price is GBX 2,596.08 and its 200 day moving average price is GBX 2,473.85. Ted Baker plc has a 52-week low of GBX 2,069.00 and a 52-week high of GBX 3,650.00.
The business also recently announced a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 20th will be paid a GBX 14.80 ($0.18) dividend. This represents a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, October 20th.
In other news, insider Anderson,Charles sold 2,339 shares of the business’s stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of GBX 2,276 ($28.17), for a total value of £53,235.64 ($65,885.69).
Ted Baker plc Company Profile
Ted Baker Plc is a global lifestyle company. The Company offers a range of collections, including menswear, womenswearm, 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.
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