Ted Baker plc (TED) Rating Reiterated by Liberum Capital
Ted Baker plc (LON:TED)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 3,100 ($38.37) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 21.81% from the stock’s current price.
Other equities research analysts have also recently issued reports about the stock. Peel Hunt reaffirmed a “hold” rating and issued a GBX 3,100 ($38.37) target price on shares of Ted Baker plc in a report on Tuesday. Canaccord Genuity reiterated a “buy” rating and issued a GBX 3,571 ($44.20) price target on shares of Ted Baker plc in a research note on Tuesday, June 14th. Panmure Gordon reiterated a “sell” rating on shares of Ted Baker plc in a research note on Wednesday, July 13th. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 4,300 ($53.22) price target on shares of Ted Baker plc in a research note on Monday, June 27th. Finally, Jefferies Group decreased their price target on shares of Ted Baker plc from GBX 3,000 ($37.13) to GBX 2,820 ($34.90) and set a “buy” rating on the stock in a research note on Tuesday, July 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given 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).
Shares of Ted Baker plc (LON:TED) opened at 2520.12 on Tuesday. The company’s 50-day moving average price is GBX 2,595.03 and its 200-day moving average price is GBX 2,474.35. The firm’s market capitalization is GBX 1.11 billion. 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 also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 14.80 ($0.18) per share. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 0.58%.
In other Ted Baker plc news, insider Anderson,Charles sold 2,339 shares of the stock in a transaction that occurred on Tuesday, July 26th. The shares were 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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