Ted Baker (LON:TED) Earns “Hold” Rating from Peel Hunt
Peel Hunt restated their hold rating on shares of Ted Baker (LON:TED) in a research note released on Wednesday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also weighed in on the stock. Liberum Capital restated an under review rating on shares of Ted Baker in a research report on Wednesday, January 22nd. HSBC lowered their target price on shares of Ted Baker from GBX 465 ($6.12) to GBX 345 ($4.54) and set a hold rating on the stock in a research report on Monday, December 16th. Royal Bank of Canada lowered shares of Ted Baker to an underperform rating and lowered their target price for the stock from GBX 440 ($5.79) to GBX 300 ($3.95) in a research report on Monday, January 13th. Goldman Sachs Group lowered their target price on shares of Ted Baker from GBX 450 ($5.92) to GBX 390 ($5.13) and set a neutral rating on the stock in a research report on Friday, December 13th. Finally, Panmure Gordon restated an under review rating on shares of Ted Baker in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of GBX 787.86 ($10.36).
TED traded up GBX 17 ($0.22) on Wednesday, hitting GBX 293.40 ($3.86). 318,092 shares of the company were exchanged, compared to its average volume of 51,572. The company has a debt-to-equity ratio of 157.42, a quick ratio of 0.31 and a current ratio of 1.17. The business’s fifty day moving average is GBX 356.61 and its 200 day moving average is GBX 598.39. Ted Baker has a fifty-two week low of GBX 257.60 ($3.39) and a fifty-two week high of GBX 2,026 ($26.65). The firm has a market capitalization of $128.71 million and a P/E ratio of 112.85.
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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