Ted Baker plc (TED) Given Hold Rating at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Ted Baker plc (LON:TED) in a research report sent to investors on Thursday morning. Peel Hunt currently has a GBX 2,750 ($36.17) price objective on the stock.

Other equities analysts have also issued reports about the stock. Jefferies Group LLC boosted their price target on shares of Ted Baker plc from GBX 2,900 ($38.14) to GBX 3,100 ($40.77) and gave the company a buy rating in a research report on Wednesday, October 11th. Liberum Capital restated a buy rating and issued a GBX 3,100 ($40.77) price target on shares of Ted Baker plc in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of GBX 2,994.17 ($39.38).

Ted Baker plc (LON TED) opened at GBX 2,616 ($34.41) on Thursday. Ted Baker plc has a 12-month low of GBX 2,286 ($30.07) and a 12-month high of GBX 3,150 ($41.43).

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The company also recently declared a dividend, which was paid on Friday, November 17th. Shareholders of record on Thursday, October 19th were given a GBX 16.60 ($0.22) dividend. The ex-dividend date was Thursday, October 19th. This represents a yield of 0.6%.

In other Ted Baker plc news, insider Raymond Stuart Kelvin sold 62,527 shares of the business’s stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of GBX 2,760 ($36.30), for a total value of £1,725,745.20 ($2,269,821.39).

Ted Baker plc Company Profile

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.

Analyst Recommendations for Ted Baker plc (LON:TED)

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