Ted Baker plc’s (TED) “Buy” Rating Reiterated at Liberum Capital
Liberum Capital reiterated their buy rating on shares of Ted Baker plc (LON:TED) in a research note released on Tuesday morning. Liberum Capital currently has a GBX 3,100 ($41.12) price objective on the stock.
Several other brokerages also recently issued reports on TED. Royal Bank Of Canada reiterated an outperform rating and set a GBX 2,800 ($37.14) price objective on shares of Ted Baker plc in a research report on Tuesday, June 27th. Jefferies Group LLC boosted their price objective on Ted Baker plc from GBX 2,820 ($37.41) to GBX 2,900 ($38.47) and gave the stock a buy rating in a research report on Wednesday, June 14th. Finally, Peel Hunt reduced their price objective on Ted Baker plc from GBX 3,100 ($41.12) to GBX 2,750 ($36.48) and set a hold rating for the company in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. Ted Baker plc has a consensus rating of Buy and a consensus price target of GBX 2,960.83 ($39.27).
Shares of Ted Baker plc (LON TED) opened at 2712.00 on Tuesday. Ted Baker plc has a 12-month low of GBX 2,286.00 and a 12-month high of GBX 3,150.00. The stock has a 50 day moving average price of GBX 2,514.16 and a 200 day moving average price of GBX 2,545.03. The firm’s market capitalization is GBX 1.20 billion.
Ted Baker plc Company Profile
Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, 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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