Ted Baker’s (TED) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital restated their buy rating on shares of Ted Baker (LON:TED) in a research note released on Friday. The brokerage currently has a GBX 3,300 ($46.34) target price on the stock.

Several other research analysts have also recently issued reports on the stock. Peel Hunt reissued a hold rating and set a GBX 3,000 ($42.13) price target on shares of Ted Baker in a report on Thursday. Jefferies Group reissued a buy rating and set a GBX 3,000 ($42.13) price target on shares of Ted Baker in a report on Tuesday, January 2nd. Finally, Barclays assumed coverage on shares of Ted Baker in a report on Wednesday, December 6th. They set an equal weight rating and a GBX 2,700 ($37.92) price target for the company. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of GBX 3,002.14 ($42.16).

Ted Baker (TED) opened at GBX 3,038 ($42.66) on Friday. The stock has a market cap of $1,350.00 and a PE ratio of 2,736.94. Ted Baker has a 1-year low of GBX 2,286 ($32.10) and a 1-year high of GBX 3,120 ($43.81).

In related news, insider Lindsay Dennis Page sold 28,393 shares of the stock in a transaction dated Friday, January 12th. The shares were sold at an average price of GBX 3,050 ($42.83), for a total transaction of £865,986.50 ($1,216,102.37).

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About Ted Baker

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 (LON:TED)

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