Ted Baker (LON:TED)‘s stock had its “hold” rating reissued by equities researchers at Peel Hunt in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also recently issued reports on TED. Goldman Sachs Group dropped their price objective on Ted Baker from GBX 450 ($5.92) to GBX 390 ($5.13) and set a “neutral” rating on the stock in a report on Friday, December 13th. Panmure Gordon restated an “under review” rating on shares of Ted Baker in a research note on Wednesday, December 11th. HSBC decreased their target price 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. Royal Bank of Canada lowered Ted Baker to an “underperform” rating and decreased their target price for the stock from GBX 440 ($5.79) to GBX 300 ($3.95) in a research note on Monday, January 13th. Finally, Liberum Capital restated an “under review” rating on shares of Ted Baker in a research note on Wednesday, January 22nd. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 787.86 ($10.36).
Shares of TED opened at GBX 305.60 ($4.02) on Thursday. The stock’s 50-day simple moving average is GBX 333.10 and its 200 day simple moving average is GBX 573.66. The stock has a market capitalization of $136.20 million and a price-to-earnings ratio of 117.54. The company has a debt-to-equity ratio of 157.42, a quick ratio of 0.31 and a current ratio of 1.17. Ted Baker has a 52-week low of GBX 219 ($2.88) and a 52-week high of GBX 2,026 ($26.65).
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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