Ted Baker (TED) Rating Reiterated by Peel Hunt
Ted Baker (LON:TED)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a report issued on Tuesday. They presently have a GBX 2,750 ($37.01) target price on the stock. Peel Hunt’s price target indicates a potential upside of 8.23% from the stock’s previous close.
Several other equities analysts have also recently weighed in on TED. Jefferies Group lifted their price target on Ted Baker from GBX 2,900 ($39.03) to GBX 3,100 ($41.72) and gave the company a “buy” rating in a research report on Wednesday, October 11th. Liberum Capital reiterated a “buy” rating and issued a GBX 3,100 ($41.72) price target on shares of Ted Baker in a research report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 2,952.14 ($39.73).
Ted Baker (LON TED) opened at GBX 2,541 ($34.20) on Tuesday. Ted Baker has a fifty-two week low of GBX 2,286 ($30.77) and a fifty-two week high of GBX 3,150 ($42.40).
In other news, insider Raymond Stuart Kelvin sold 62,527 shares of Ted Baker stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of GBX 2,760 ($37.15), for a total value of £1,725,745.20 ($2,322,671.87).
Ted Baker Company Profile
Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.
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