Ted Baker (LON:TED) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Ted Baker (LON:TED) in a report published on Monday morning, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a GBX 950 ($12.41) target price on the stock, down from their prior target price of GBX 1,400 ($18.29).

TED has been the subject of a number of other reports. Jefferies Financial Group reiterated a hold rating and set a GBX 1,950 ($25.48) price target on shares of Ted Baker in a report on Monday, March 4th. HSBC reissued a buy rating on shares of Ted Baker in a research report on Friday, March 1st. Liberum Capital cut their price objective on shares of Ted Baker from GBX 3,100 ($40.51) to GBX 2,800 ($36.59) and set a buy rating on the stock in a research report on Wednesday, February 27th. Goldman Sachs Group cut their price objective on shares of Ted Baker from GBX 1,800 ($23.52) to GBX 1,700 ($22.21) and set a neutral rating on the stock in a research report on Wednesday, May 22nd. Finally, Royal Bank of Canada cut their price objective on shares of Ted Baker from GBX 2,000 ($26.13) to GBX 1,900 ($24.83) and set an outperform rating on the stock in a research report on Friday, March 22nd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 1,763.57 ($23.04).

Shares of Ted Baker stock opened at GBX 950 ($12.41) on Monday. The company has a debt-to-equity ratio of 56.59, a current ratio of 1.51 and a quick ratio of 0.34. Ted Baker has a 1-year low of GBX 1,286 ($16.80) and a 1-year high of GBX 2,488 ($32.51). The stock has a market cap of $423.36 million and a price-to-earnings ratio of 10.41.

The business also recently disclosed a dividend, which will be paid on Friday, June 21st. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 40.70 ($0.53) per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a dividend yield of 2.46%. Ted Baker’s dividend payout ratio (DPR) is presently 0.65%.

Ted Baker Company Profile

Ted Baker Plc engages in the design, wholesale, and retail of menswear, womenswear, and accessories under the Ted Baker name. The company operates through three segments: Retail, Wholesale, and Licensing. It offers a range of collections, including global, phormal, endurance, accessories, bedding, children's wear, crockery, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles, and watches.

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Analyst Recommendations for Ted Baker (LON:TED)

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