Ted Baker’s (TED) “Hold” Rating Reiterated at Peel Hunt
Ted Baker (LON:TED)‘s stock had its “hold” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Thursday, January 3rd.
A number of other research analysts have also weighed in on the stock. Goldman Sachs Group dropped their price target on shares of Ted Baker from GBX 2,750 ($35.93) to GBX 2,000 ($26.13) and set a “buy” rating on the stock in a research report on Friday, December 7th. Jefferies Financial Group raised shares of Ted Baker to a “buy” rating in a research report on Friday, December 7th. HSBC lowered shares of Ted Baker to a “hold” rating in a research report on Wednesday, December 5th. Liberum Capital reissued a “buy” rating on shares of Ted Baker in a research report on Wednesday, December 5th. Finally, Royal Bank of Canada dropped their price target on shares of Ted Baker from GBX 3,000 ($39.20) to GBX 2,500 ($32.67) and set an “outperform” rating on the stock in a research report on Monday, October 15th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 2,544.50 ($33.25).
Shares of TED traded up GBX 10 ($0.13) during trading hours on Thursday, reaching GBX 1,896 ($24.77). 59,415 shares of the stock traded hands, compared to its average volume of 51,572. Ted Baker has a 52 week low of GBX 2,286 ($29.87) and a 52 week high of GBX 3,244 ($42.39).
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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