Zacks Investment Research lowered shares of Ted Baker (OTCMKTS:TBAKF) from a buy rating to a sell rating in a research note published on Wednesday morning.

According to Zacks, “Ted Baker PLC is a lifestyle brand company. It offers Menswear; Womenswear; Phormal; Endurance; Accessories; Audio; Bedding; Childrenswear; Crockery; Eyewear; Footwear; Fragrance and Skinwear; Gifting and Stationery; Jewellery; Lingerie and Sleepwear; Luggage; Neckwear; Rugs; Suiting; Technical Accessories; Tiles and Watches through distribution channels, retail ; wholesale and licensing. The company operates primarily in the UK; Europe; North America; Middle East, Asia, Africa and Australasia. Ted Baker PLC is headquartered in London, the United Kingdom. “

Shares of Ted Baker (OTCMKTS:TBAKF) opened at $37.05 on Wednesday. Ted Baker has a 1 year low of $30.57 and a 1 year high of $37.05.

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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, audio, 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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