Liberum Capital Reaffirms “Buy” Rating for Ted Baker (LON:TED)

Liberum Capital reissued their buy rating on shares of Ted Baker (LON:TED) in a research report report published on Friday morning, ThisIsMoney.Co.Uk reports.

Several other analysts also recently commented on TED. Goldman Sachs Group reduced their price objective on Ted Baker from GBX 1,700 ($22.21) to GBX 890 ($11.63) and set a neutral rating for the company in a research note on Thursday, June 20th. Royal Bank of Canada downgraded Ted Baker to a sector performer rating and reduced their price objective for the company from GBX 1,900 ($24.83) to GBX 900 ($11.76) in a research note on Wednesday, June 26th. Finally, Peel Hunt reaffirmed a hold rating and set a GBX 950 ($12.41) price objective (down from GBX 1,400 ($18.29)) on shares of Ted Baker in a research note on Monday, June 10th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 1,505 ($19.67).

Shares of LON TED opened at GBX 914 ($11.94) on Friday. The business has a 50-day moving average price of GBX 877.38 and a 200 day moving average price of GBX 1,371.45. The company has a quick ratio of 0.34, a current ratio of 1.51 and a debt-to-equity ratio of 56.59. The stock has a market cap of $407.33 million and a PE ratio of 10.01. Ted Baker has a 52-week low of GBX 750 ($9.80) and a 52-week high of GBX 2,418 ($31.60).

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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