Ted Baker (TBAKF) Stock Rating Lowered by Zacks Investment Research

Ted Baker (OTCMKTS:TBAKF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Saturday.

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. “

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Shares of TBAKF traded down $2.47 during mid-day trading on Friday, hitting $35.56. The company’s stock had a trading volume of 2,068 shares, compared to its average volume of 103. Ted Baker has a 52-week low of $35.52 and a 52-week high of $38.03. The stock has a market capitalization of $1,581.50, a PE ratio of 23.55, a PEG ratio of 1.41 and a beta of 1.13.

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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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