Ted Baker (TED) Receives Hold Rating from Peel Hunt
Other equities research analysts have also recently issued research reports about the stock. Liberum Capital reiterated a buy rating and set a GBX 3,100 ($40.51) target price on shares of Ted Baker in a research report on Wednesday. Goldman Sachs Group dropped their target price on shares of Ted Baker from GBX 2,750 ($35.93) to GBX 2,000 ($26.13) and set a buy rating for the company in a research report on Friday, December 7th. Jefferies Financial Group upgraded shares of Ted Baker to a buy rating in a research report on Friday, December 7th. HSBC reiterated a buy rating on shares of Ted Baker in a research report on Wednesday, November 21st. Finally, Barclays dropped their target price on shares of Ted Baker from GBX 2,550 ($33.32) to GBX 2,350 ($30.71) and set an equal weight rating for the company in a research report on Friday, October 5th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Ted Baker currently has a consensus rating of Buy and an average price target of GBX 2,544.50 ($33.25).
Shares of Ted Baker stock traded down GBX 163 ($2.13) during mid-day trading on Wednesday, reaching GBX 1,957 ($25.57). 234,843 shares of the stock were exchanged, compared to its average volume of 51,572. Ted Baker has a fifty-two week low of GBX 2,286 ($29.87) and a fifty-two week high of GBX 3,244 ($42.39).
Ted Baker Plc engages in the design, wholesale, and retail of menswear, womenswear, and accessories under the Ted Baker name. The company operates through three segments: Retail, Wholesale, and Licensing. It offers a range of collections, including global, phormal, endurance, accessories, bedding, children's wear, crockery, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles, and watches.
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