Ted Baker’s (TED) Hold Rating Reaffirmed at Peel Hunt
Peel Hunt reiterated their hold rating on shares of Ted Baker (LON:TED) in a research note published on Thursday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also issued reports on the company. HSBC decreased their price objective on Ted Baker from GBX 465 ($6.12) to GBX 345 ($4.54) and set a hold rating on the stock in a research note on Monday, December 16th. Panmure Gordon reiterated an under review rating on shares of Ted Baker in a research note on Wednesday, December 11th. Royal Bank of Canada lowered Ted Baker to an underperform rating and decreased their price objective for the company from GBX 440 ($5.79) to GBX 300 ($3.95) in a research note on Monday, January 13th. Liberum Capital restated an under review rating on shares of Ted Baker in a research note on Wednesday, January 22nd. Finally, Goldman Sachs Group decreased their target price on Ted Baker from GBX 450 ($5.92) to GBX 390 ($5.13) and set a neutral rating on the stock in a research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 787.86 ($10.36).
Shares of LON:TED traded up GBX 21.20 ($0.28) during midday trading on Thursday, reaching GBX 305.60 ($4.02). 218,432 shares of the company traded hands, compared to its average volume of 51,572. The company has a quick ratio of 0.31, a current ratio of 1.17 and a debt-to-equity ratio of 157.42. Ted Baker has a 12 month low of GBX 219 ($2.88) and a 12 month high of GBX 2,026 ($26.65). The firm has a market capitalization of $136.20 million and a price-to-earnings ratio of 117.54. The firm’s fifty day moving average price is GBX 333.10 and its two-hundred day moving average price is GBX 573.66.
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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