Ted Baker (LON:TED) Earns “Hold” Rating from Peel Hunt
Peel Hunt reissued their hold rating on shares of Ted Baker (LON:TED) in a report released on Thursday, Digital Look reports. Peel Hunt currently has a GBX 950 ($12.41) target price on the stock.
Several other brokerages also recently weighed in on TED. Liberum Capital reiterated a buy rating on shares of Ted Baker in a research report on Friday, August 16th. Goldman Sachs Group dropped their price target on shares of Ted Baker from GBX 1,700 ($22.21) to GBX 890 ($11.63) and set a neutral rating on the stock in a research report on Thursday, June 20th. Finally, Royal Bank of Canada downgraded shares of Ted Baker to a sector performer rating and dropped their price target for the stock from GBX 1,900 ($24.83) to GBX 900 ($11.76) in a research report on Wednesday, June 26th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 1,435.63 ($18.76).
Shares of LON:TED opened at GBX 951 ($12.43) on Thursday. The company has a market cap of $423.82 million and a PE ratio of 10.42. The company’s 50-day moving average price is GBX 886.54 and its 200 day moving average price is GBX 1,352.88. Ted Baker has a fifty-two week low of GBX 750 ($9.80) and a fifty-two week high of GBX 2,418 ($31.60). The company has a quick ratio of 0.34, a current ratio of 1.51 and a debt-to-equity ratio of 56.59.
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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