Ted Baker plc’s (TED) “Sell” Rating Reaffirmed at Panmure Gordon
Several other equities research analysts have also weighed in on the company. Peel Hunt reiterated a hold rating and issued a GBX 3,100 ($38.73) price objective on shares of Ted Baker plc in a research note on Tuesday, October 11th. Canaccord Genuity reissued a buy rating and issued a GBX 3,571 ($44.62) price target on shares of Ted Baker plc in a research note on Tuesday, October 11th. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 3,500 ($43.73) price target on shares of Ted Baker plc in a research note on Tuesday, September 6th. BNP Paribas started coverage on shares of Ted Baker plc in a research report on Friday, September 9th. They issued an outperform rating and a GBX 3,500 ($43.73) price objective for the company. Finally, Jefferies Group restated a buy rating and issued a GBX 2,820 ($35.23) price objective on shares of Ted Baker plc in a research report on Tuesday, October 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of Buy and an average target price of GBX 3,205.17 ($40.04).
Shares of Ted Baker plc (LON:TED) traded up 3.15% on Thursday, hitting GBX 2589.00. The stock had a trading volume of 72,570 shares. The firm’s 50-day moving average is GBX 2,514.35 and its 200 day moving average is GBX 2,467.05. Ted Baker plc has a 1-year low of GBX 2,069.00 and a 1-year high of GBX 3,650.00. The stock’s market cap is GBX 1.14 billion.
The business also recently disclosed a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 20th will be issued a GBX 14.80 ($0.18) dividend. This represents a dividend yield of 0.58%. The ex-dividend date is Thursday, October 20th.
About Ted Baker plc
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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