Jefferies Financial Group upgraded shares of Ted Baker (LON:TED) to a buy rating in a report issued on Friday morning.

Several other research analysts also recently commented on the company. Peel Hunt downgraded Ted Baker to a hold rating in a report on Thursday. HSBC downgraded Ted Baker to a hold rating in a report on Wednesday, December 5th. Liberum Capital restated a buy rating on shares of Ted Baker in a report on Wednesday, December 5th. Royal Bank of Canada reduced their price objective on Ted Baker from GBX 3,000 ($39.20) to GBX 2,500 ($32.67) and set an outperform rating on the stock in a report on Monday, October 15th. Finally, Barclays reduced their price objective on Ted Baker from GBX 2,550 ($33.32) to GBX 2,350 ($30.71) and set an equal weight rating on the stock in a report on Friday, October 5th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of GBX 2,726.78 ($35.63).

Shares of LON TED opened at GBX 1,493 ($19.51) on Friday. Ted Baker has a fifty-two week low of GBX 2,286 ($29.87) and a fifty-two week high of GBX 3,244 ($42.39).

The company also recently disclosed a dividend, which was paid on Friday, November 23rd. Shareholders of record on Thursday, October 11th were issued a dividend of GBX 17.90 ($0.23) per share. The ex-dividend date of this dividend was Thursday, October 11th. This represents a yield of 0.86%.

Ted Baker Company Profile

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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Analyst Recommendations for Ted Baker (LON:TED)

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