Shares of Ted Baker plc (LON:TED) have received a consensus recommendation of “Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 3,002.14 ($41.48).
Several equities research analysts have issued reports on TED shares. Liberum Capital reaffirmed a “buy” rating and set a GBX 3,100 ($42.83) target price on shares of Ted Baker in a research note on Thursday, November 16th. Jefferies Group reaffirmed a “buy” rating and set a GBX 3,000 ($41.45) target price on shares of Ted Baker in a research note on Tuesday, January 2nd. Barclays started coverage on shares of Ted Baker in a research note on Wednesday, December 6th. They set an “equal weight” rating and a GBX 2,700 ($37.30) target price on the stock. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 3,000 ($41.45) target price on shares of Ted Baker in a research note on Thursday, February 1st.
Shares of Ted Baker (LON:TED) opened at GBX 3,142 ($43.41) on Wednesday. Ted Baker has a one year low of GBX 2,286 ($31.58) and a one year high of GBX 3,244 ($44.82). The stock has a market cap of $1,430.00 and a price-to-earnings ratio of 2,830.63.
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.
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