A number of other equities analysts also recently issued reports on TED. Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 2,925 ($36.20) price target (down previously from GBX 3,500 ($43.32)) on shares of Ted Baker plc in a report on Friday, September 23rd. Jefferies Group cut their price target on shares of Ted Baker plc from GBX 3,000 ($37.13) to GBX 2,820 ($34.90) and set a buy rating for the company in a report on Tuesday, July 5th. Peel Hunt reiterated a hold rating and issued a GBX 3,100 ($38.37) price target on shares of Ted Baker plc in a report on Tuesday, October 11th. BNP Paribas started coverage on shares of Ted Baker plc in a report on Friday, September 9th. They issued an outperform rating and a GBX 3,500 ($43.32) price target for the company. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 3,571 ($44.20) price target 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. Ted Baker plc has a consensus rating of Buy and an average target price of GBX 3,205.17 ($39.67).
Ted Baker plc (LON:TED) opened at 2580.00 on Tuesday. The firm’s market capitalization is GBX 1.13 billion. The firm has a 50-day moving average of GBX 2,592.89 and a 200 day moving average of GBX 2,475.61. Ted Baker plc has a 12-month low of GBX 2,069.00 and a 12-month high of GBX 3,650.00.
The firm also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be issued a dividend of GBX 14.80 ($0.18) per share. The ex-dividend date of this dividend 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 the firm’s stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of GBX 2,276 ($28.17), for a total transaction of £53,235.64 ($65,885.69).
Ted Baker plc Company Profile
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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