Ted Baker (TED) Earns Hold Rating from Peel Hunt

Peel Hunt restated their hold rating on shares of Ted Baker (LON:TED) in a report published on Tuesday. The brokerage currently has a GBX 2,750 ($37.01) price target on the stock.

A number of other research firms have also recently weighed in on TED. Liberum Capital reaffirmed a buy rating and issued a GBX 3,100 ($41.72) price target on shares of Ted Baker in a report on Tuesday, October 3rd. Jefferies Group upped their price target on Ted Baker from GBX 2,900 ($39.03) to GBX 3,100 ($41.72) and gave the stock a buy rating in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The company has a consensus rating of Buy and an average target price of GBX 2,952.14 ($39.73).

Ted Baker (TED) opened at GBX 2,540 ($34.19) on Tuesday. Ted Baker has a fifty-two week low of GBX 2,286 ($30.77) and a fifty-two week high of GBX 3,150 ($42.40).

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

In other Ted Baker news, insider Raymond Stuart Kelvin sold 62,527 shares of the stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of GBX 2,760 ($37.15), for a total transaction of £1,725,745.20 ($2,322,671.87).

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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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