Ted Baker plc (LON:TED)‘s stock had its “hold” rating reaffirmed by stock analysts at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 3,100 ($38.37) price target on the stock. Peel Hunt’s price objective indicates a potential upside of 21.81% from the stock’s previous close.
Other analysts also recently issued reports about the company. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 4,300 ($53.22) price objective on shares of Ted Baker plc in a report on Monday, June 27th. Panmure Gordon restated a “sell” rating on shares of Ted Baker plc in a report on Wednesday, July 13th. Liberum Capital restated a “buy” rating and issued a GBX 3,100 ($38.37) price objective on shares of Ted Baker plc in a report on Tuesday, July 5th. BNP Paribas started coverage on Ted Baker plc in a report on Friday, September 9th. They issued an “outperform” rating and a GBX 3,500 ($43.32) price objective for the company. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 3,571 ($44.20) price objective on shares of Ted Baker plc in a report on Tuesday, June 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 3,169.33 ($39.22).
Shares of Ted Baker plc (LON:TED) opened at 2533.00 on Tuesday. The stock’s market capitalization is GBX 1.11 billion. Ted Baker plc has a 52-week low of GBX 2,069.00 and a 52-week high of GBX 3,650.00. The stock has a 50 day moving average of GBX 2,595.03 and a 200-day moving average of GBX 2,474.35.
The business also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be paid a GBX 14.80 ($0.18) dividend. The ex-dividend date is Thursday, October 20th. This represents a yield of 0.58%.
In other Ted Baker plc news, insider Anderson,Charles sold 2,339 shares of Ted Baker plc stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of GBX 2,276 ($28.17), for a total value of £53,235.64 ($65,885.69).
About Ted Baker plc
Ted Baker Plc is a global lifestyle company. The Company offers a range of collections, including menswear, womenswearm, 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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