Liberum Capital Reaffirms “Buy” Rating for Ted Baker (LON:TED)

Liberum Capital restated their buy rating on shares of Ted Baker (LON:TED) in a research report released on Friday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently issued reports on TED. Goldman Sachs Group decreased their price objective on Ted Baker from GBX 1,700 ($22.21) to GBX 890 ($11.63) and set a neutral rating on the stock in a report on Thursday, June 20th. Royal Bank of Canada cut Ted Baker to a sector performer rating and decreased their price objective for the stock from GBX 1,900 ($24.83) to GBX 900 ($11.76) in a report on Wednesday, June 26th. Finally, Peel Hunt restated a hold rating and set a GBX 950 ($12.41) price objective (down previously from GBX 1,400 ($18.29)) on shares of Ted Baker in a report on Monday, June 10th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 1,505 ($19.67).

TED stock opened at GBX 914 ($11.94) on Friday. Ted Baker has a 52-week low of GBX 750 ($9.80) and a 52-week high of GBX 2,418 ($31.60). The stock’s fifty day simple moving average is GBX 877.38 and its 200-day simple moving average is GBX 1,371.45. The company has a quick ratio of 0.34, a current ratio of 1.51 and a debt-to-equity ratio of 56.59. The stock has a market capitalization of $407.33 million and a price-to-earnings ratio of 10.01.



Ted Baker Company Profile

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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Analyst Recommendations for Ted Baker (LON:TED)

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