Ted Baker plc (TED) Receives GBX 2,272.75 Consensus PT from Brokerages
Shares of Ted Baker plc (LON:TED) have earned an average recommendation of “Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 2,272.75 ($29.70).
Several research firms have recently issued reports on TED. Peel Hunt reissued a “hold” rating on shares of Ted Baker in a research report on Tuesday, March 5th. Jefferies Financial Group lowered shares of Ted Baker to a “hold” rating in a research report on Tuesday, April 9th. Royal Bank of Canada dropped their price objective on shares of Ted Baker from GBX 2,000 ($26.13) to GBX 1,900 ($24.83) and set an “outperform” rating for the company in a research report on Friday, March 22nd. HSBC reissued a “buy” rating on shares of Ted Baker in a research report on Friday, March 1st. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 3,100 ($40.51) price objective on shares of Ted Baker in a research report on Wednesday, January 9th.
Shares of Ted Baker stock traded up GBX 7 ($0.09) during trading hours on Thursday, hitting GBX 1,542 ($20.15). The company’s stock had a trading volume of 38,196 shares, compared to its average volume of 51,572. Ted Baker has a 1-year low of GBX 1,312 ($17.14) and a 1-year high of GBX 2,788 ($36.43). The firm has a market capitalization of $687.18 million and a P/E ratio of 16.89. The company has a quick ratio of 0.44, a current ratio of 1.51 and a debt-to-equity ratio of 56.59.
About Ted Baker
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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