Shares of Ted Baker plc (LON:TED) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 1,272.50 ($16.63).
Several brokerages have issued reports on TED. Liberum Capital reissued a “buy” rating on shares of Ted Baker in a research note on Tuesday, July 2nd. Royal Bank of Canada lowered Ted Baker to a “sector performer” rating and dropped their price target for the company from GBX 1,900 ($24.83) to GBX 900 ($11.76) in a research note on Wednesday, June 26th. Goldman Sachs Group dropped their price target on Ted Baker from GBX 1,700 ($22.21) to GBX 890 ($11.63) and set a “neutral” rating on the stock in a research note on Thursday, June 20th. Peel Hunt reissued a “hold” rating and issued a GBX 950 ($12.41) price target (down from GBX 1,400 ($18.29)) on shares of Ted Baker in a research note on Monday, June 10th. Finally, Jefferies Financial Group lowered Ted Baker to a “hold” rating in a research note on Tuesday, April 9th.
TED traded up GBX 16 ($0.21) during trading on Tuesday, hitting GBX 831.50 ($10.87). The company’s stock had a trading volume of 82,495 shares, compared to its average volume of 51,572. Ted Baker has a twelve month low of GBX 750 ($9.80) and a twelve month high of GBX 2,418 ($31.60). The company has a debt-to-equity ratio of 56.59, a current ratio of 1.51 and a quick ratio of 0.34. The business’s fifty day simple moving average is GBX 1,127.92. The stock has a market capitalization of $370.55 million and a price-to-earnings ratio of 9.11.
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, 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.
Featured Story: Price to Earnings Ratio (PE) Basics
Receive News & Ratings for Ted Baker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker and related companies with MarketBeat.com's FREE daily email newsletter.