Ted Baker’s (TED) “Hold” Rating Reaffirmed at Peel Hunt
TED has been the subject of several other reports. Jefferies Group raised their price target on shares of Ted Baker from GBX 2,900 ($39.03) to GBX 3,100 ($41.72) and gave the stock a buy rating in a research note on Wednesday, October 11th. Liberum Capital reaffirmed a buy rating and set a GBX 3,100 ($41.72) price target on shares of Ted Baker in a research note on Tuesday, October 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 2,952.14 ($39.73).
Ted Baker (LON:TED) opened at GBX 2,553 ($34.36) on Tuesday. Ted Baker has a 52 week low of GBX 2,286 ($30.77) and a 52 week high of GBX 3,150 ($42.40).
In related news, insider Raymond Stuart Kelvin sold 62,527 shares of the firm’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of GBX 2,760 ($37.15), for a total value of £1,725,745.20 ($2,322,671.87).
About Ted Baker
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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