Liberum Capital Reiterates “Buy” Rating for Ted Baker plc (TED)
Ted Baker plc (LON:TED)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 3,100 ($38.73) target price on the stock. Liberum Capital’s price objective suggests a potential upside of 19.74% from the company’s previous close.
Other research analysts have also issued reports about the stock. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 2,925 ($36.54) price objective (down from GBX 3,500 ($43.73)) on shares of Ted Baker plc in a research note on Friday, September 23rd. Canaccord Genuity restated a “buy” rating and issued a GBX 3,571 ($44.62) price objective on shares of Ted Baker plc in a research note on Tuesday, October 11th. 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 note on Tuesday, October 11th. Peel Hunt restated a “hold” rating and issued a GBX 3,100 ($38.73) price objective on shares of Ted Baker plc in a research note on Thursday. Finally, BNP Paribas initiated coverage on shares of Ted Baker plc in a research note on Friday, September 9th. They issued an “outperform” rating and a GBX 3,500 ($43.73) price objective on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 3,205.17 ($40.04).
Ted Baker plc (LON:TED) opened at 2589.0000 on Thursday. Ted Baker plc has a 52-week low of GBX 2,069.00 and a 52-week high of GBX 3,579.00. The company’s 50 day moving average is GBX 2,519.33 and its 200 day moving average is GBX 2,468.47. The firm’s market cap is GBX 1.14 billion.
The company also recently announced a dividend, which was paid on Friday, November 18th. Stockholders of record on Thursday, October 20th were issued a GBX 14.80 ($0.18) dividend. This represents a dividend yield of 0.58%. The ex-dividend date was 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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