Ted Baker’s (TED) “Buy” Rating Reaffirmed at HSBC
A number of other research analysts have also recently issued reports on the stock. Peel Hunt reaffirmed an add rating on shares of Ted Baker in a report on Friday, November 2nd. Royal Bank of Canada dropped their target price on shares of Ted Baker from GBX 3,000 ($39.20) to GBX 2,500 ($32.67) and set an outperform rating for the company in a report on Monday, October 15th. Barclays dropped their target price on shares of Ted Baker from GBX 2,550 ($33.32) to GBX 2,350 ($30.71) and set an equal weight rating for the company in a report on Friday, October 5th. Finally, Liberum Capital dropped their target price on shares of Ted Baker from GBX 3,300 ($43.12) to GBX 3,100 ($40.51) and set a buy rating for the company in a report on Thursday, October 4th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Ted Baker has a consensus rating of Buy and an average price target of GBX 2,865.67 ($37.45).
Ted Baker stock opened at GBX 1,855 ($24.24) on Wednesday. Ted Baker has a 12 month low of GBX 2,286 ($29.87) and a 12 month high of GBX 3,244 ($42.39).
About Ted Baker
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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