Peel Hunt Raises Ted Baker (TED) Price Target to GBX 3,000
Ted Baker (LON:TED) had its price objective upped by equities research analysts at Peel Hunt from GBX 2,750 ($37.29) to GBX 3,000 ($40.68) in a note issued to investors on Wednesday. The brokerage presently has a “hold” rating on the stock. Peel Hunt’s target price suggests a potential downside of 2.02% from the company’s previous close.
TED has been the topic of several other reports. Liberum Capital reissued a “buy” rating and set a GBX 3,100 ($42.04) price target on shares of Ted Baker in a research note on Tuesday, October 10th. Barclays started coverage on shares of Ted Baker in a research note on Wednesday, December 6th. They set an “equal weight” rating and a GBX 2,700 ($36.62) price target on the stock. Finally, Jefferies Group reissued a “buy” rating and set a GBX 3,000 ($40.68) price target on shares of Ted Baker in a research note on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 3,002.14 ($40.71).
Ted Baker (TED) opened at GBX 3,062 ($41.52) on Wednesday. The company has a market cap of $1,360.00 and a P/E ratio of 2,758.56. 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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Ted Baker Company Profile
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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