Ted Baker (LON:TED)‘s stock had its “hold” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Thursday, January 3rd.
Several other equities analysts have also recently weighed in on the company. Liberum Capital restated a “buy” rating on shares of Ted Baker in a report on Monday, September 10th. HSBC cut Ted Baker to a “hold” rating in a report on Wednesday, December 5th. Royal Bank of Canada decreased their price objective on Ted Baker from GBX 3,000 ($39.20) to GBX 2,500 ($32.67) and set an “outperform” rating for the company in a report on Monday, October 15th. Barclays decreased their price objective on 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 report on Friday, October 5th. Finally, Jefferies Financial Group upgraded Ted Baker to a “buy” rating in a report on Friday, December 7th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Ted Baker currently has an average rating of “Buy” and an average target price of GBX 2,544.50 ($33.25).
Shares of LON TED traded up GBX 4 ($0.05) during mid-day trading on Thursday, hitting GBX 1,847 ($24.13). The company had a trading volume of 36,127 shares, compared to its average volume of 51,572. Ted Baker has a one year low of GBX 2,286 ($29.87) and a one year 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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