Ted Baker’s (TED) Buy Rating Reaffirmed at Liberum Capital
Ted Baker (LON:TED)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued on Thursday. They currently have a GBX 3,300 ($45.59) target price on the stock. Liberum Capital’s target price points to a potential upside of 12.40% from the company’s previous close.
Several other research firms have also weighed in on TED. Peel Hunt increased their target price on Ted Baker from GBX 2,750 ($37.99) to GBX 3,000 ($41.45) and gave the company a “hold” rating in a research note on Wednesday, January 10th. Jefferies Group reissued a “buy” rating and issued a GBX 3,000 ($41.45) target price on shares of Ted Baker in a research note on Tuesday, January 2nd. Finally, Barclays started coverage on Ted Baker in a research note on Wednesday, December 6th. They issued an “equal weight” rating and a GBX 2,700 ($37.30) target price on the stock. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Ted Baker has an average rating of “Buy” and a consensus price target of GBX 3,002.14 ($41.48).
Ted Baker stock opened at GBX 2,936 ($40.56) on Thursday. Ted Baker has a one year low of GBX 2,286 ($31.58) and a one year high of GBX 3,244 ($44.82). The firm has a market capitalization of $1,370.00 and a PE ratio of 2,645.05.
Ted Baker Company Profile
Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.
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