Ted Baker plc (LON:TED) had its price objective hoisted by investment analysts at Jefferies Group LLC from GBX 2,900 ($38.13) to GBX 3,100 ($40.76) in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Jefferies Group LLC’s price objective would indicate a potential upside of 12.73% from the stock’s current price.
A number of other analysts have also recently weighed in on TED. Peel Hunt restated a “hold” rating and issued a GBX 2,750 ($36.16) price objective on shares of Ted Baker plc in a research note on Tuesday. Liberum Capital reiterated a “buy” rating and set a GBX 3,100 ($40.76) target price on shares of Ted Baker plc in a research note on Tuesday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,800 ($36.81) target price on shares of Ted Baker plc in a research note on Tuesday, June 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. Ted Baker plc currently has an average rating of “Buy” and an average target price of GBX 2,994.17 ($39.37).
Ted Baker plc (TED) opened at 2773.00 on Wednesday. The firm’s 50-day moving average is GBX 2,541.58 and its 200 day moving average is GBX 2,541.78. The firm’s market capitalization is GBX 1.22 billion. Ted Baker plc has a one year low of GBX 2,286.00 and a one year high of GBX 3,150.00.
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About Ted Baker plc
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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