Ted Baker plc (TED) Receives “Buy” Rating from Jefferies Group
Several other analysts also recently weighed in on TED. Peel Hunt reaffirmed a hold rating and set a GBX 3,100 ($38.37) price target on shares of Ted Baker plc in a research note on Tuesday, June 14th. Canaccord Genuity reaffirmed a buy rating and set a GBX 3,571 ($44.20) price target on shares of Ted Baker plc in a research note on Tuesday, June 14th. Goldman Sachs Group Inc. reaffirmed a buy rating and set a GBX 4,300 ($53.22) price target on shares of Ted Baker plc in a research note on Monday, June 27th. Liberum Capital reaffirmed a buy rating and set a GBX 3,100 ($38.37) price target on shares of Ted Baker plc in a research note on Tuesday, July 5th. Finally, Panmure Gordon reissued a sell rating on shares of Ted Baker plc in a research note on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. Ted Baker plc currently has an average rating of Buy and an average price target of GBX 3,169.33 ($39.22).
Ted Baker plc (LON:TED) opened at 2549.00 on Tuesday. Ted Baker plc has a 52-week low of GBX 2,069.00 and a 52-week high of GBX 3,650.00. The firm’s 50-day moving average price is GBX 2,596.08 and its 200-day moving average price is GBX 2,473.85. The company’s market cap is GBX 1.12 billion.
The firm also recently declared a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 20th will be given a dividend of GBX 14.80 ($0.18) per share. This represents a dividend yield of 0.58%. The ex-dividend date is Thursday, October 20th.
In other news, insider Anderson,Charles sold 2,339 shares of the company’s stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of GBX 2,276 ($28.17), for a total transaction of £53,235.64 ($65,885.69).
About Ted Baker plc
Ted Baker Plc is a global lifestyle company. The Company offers a range of collections, including menswear, womenswearm, 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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