Liberum Capital Boosts Ted Baker (TED) Price Target to GBX 3,300
Ted Baker (LON:TED) had its target price increased by Liberum Capital from GBX 3,100 ($42.04) to GBX 3,300 ($44.75) in a research report released on Wednesday morning. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently issued reports on TED. Jefferies Group reissued a buy rating and issued a GBX 3,000 ($40.68) price target on shares of Ted Baker in a research note on Tuesday, January 2nd. Peel Hunt reissued a hold rating and issued a GBX 2,750 ($37.29) price target on shares of Ted Baker in a research note on Thursday, November 16th. Finally, Barclays started coverage on shares of Ted Baker in a research note on Wednesday, December 6th. They issued an equal weight rating and a GBX 2,700 ($36.62) price target for the company. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of GBX 3,002.14 ($40.71).
Ted Baker (LON:TED) opened at GBX 3,048 ($41.33) on Wednesday. The company has a market cap of $1,360.00 and a PE ratio of 2,745.95. Ted Baker has a one year low of GBX 2,286 ($31.00) and a one year high of GBX 3,150 ($42.72).
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About Ted Baker
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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