Ted Baker plc (LON:TED) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $941.18 and traded as high as $984.50. Ted Baker shares last traded at $970.50, with a volume of 73,326 shares traded.
A number of brokerages recently issued reports on TED. Peel Hunt restated a “hold” rating on shares of Ted Baker in a research report on Wednesday, August 28th. Royal Bank of Canada lowered shares of Ted Baker to a “sector performer” rating and decreased their target price for the stock from GBX 1,900 ($24.83) to GBX 900 ($11.76) in a research report on Wednesday, June 26th. Liberum Capital restated a “buy” rating and set a GBX 1,280 ($16.73) target price on shares of Ted Baker in a research report on Wednesday, August 28th. Goldman Sachs Group decreased their target price on shares of Ted Baker from GBX 1,700 ($22.21) to GBX 890 ($11.63) and set a “neutral” rating on the stock in a research report on Thursday, June 20th. Finally, Peel Hunt restated a “hold” rating and set a GBX 950 ($12.41) target price on shares of Ted Baker in a research report on Thursday, August 22nd. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,435.63 ($18.76).
The company has a market cap of $421.01 million and a price-to-earnings ratio of 9.96. The stock’s fifty day simple moving average is GBX 943.68 and its two-hundred day simple moving average is GBX 1,232.40. The company has a debt-to-equity ratio of 56.59, a quick ratio of 0.34 and a current ratio of 1.51.
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.
Featured Story: The basics of gap trading strategies
Receive News & Ratings for Ted Baker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker and related companies with MarketBeat.com's FREE daily email newsletter.