Liberum Capital Reiterates Buy Rating for Ted Baker (LON:TED)

Liberum Capital reiterated their buy rating on shares of Ted Baker (LON:TED) in a research report released on Thursday, March 22nd. Liberum Capital currently has a GBX 3,300 ($47.25) target price on the stock.

TED has been the subject of several other research reports. Barclays assumed coverage on Ted Baker in a research report on Wednesday, December 6th. They set an equal weight rating and a GBX 2,700 ($38.66) price target for the company. Peel Hunt reissued a hold rating and set a GBX 2,750 ($39.38) price target on shares of Ted Baker in a research report on Tuesday, December 5th. Finally, Jefferies Group reissued a buy rating and set a GBX 3,000 ($42.96) price target on shares of Ted Baker in a research report on Tuesday, January 2nd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 3,042.86 ($43.57).

How to Become a New Pot Stock Millionaire

LON TED traded up GBX 34 ($0.49) during mid-day trading on Thursday, hitting GBX 2,670 ($38.23). The stock had a trading volume of 62,157 shares, compared to its average volume of 51,572. Ted Baker has a 52-week low of GBX 2,286 ($32.73) and a 52-week high of GBX 3,244 ($46.45).

Ted Baker (LON:TED) last released its quarterly earnings results on Thursday, March 22nd. The company reported GBX 127.70 ($1.83) earnings per share for the quarter, topping the consensus estimate of GBX 126.60 ($1.81) by GBX 1.10 ($0.02). The company had revenue of £591.67 million during the quarter. Ted Baker had a return on equity of 17.16% and a net margin of 6.52%.

The firm also recently disclosed a dividend, which will be paid on Friday, June 22nd. Stockholders of record on Thursday, May 17th will be issued a dividend of GBX 43.50 ($0.62) per share. This is a boost from Ted Baker’s previous dividend of $16.60. The ex-dividend date of this dividend is Thursday, May 17th. This represents a dividend yield of 1.64%.

COPYRIGHT VIOLATION WARNING: “Liberum Capital Reiterates Buy Rating for Ted Baker (LON:TED)” was originally reported by Week Herald and is owned by of Week Herald. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://weekherald.com/2018/04/17/ted-baker-ted-given-buy-rating-at-liberum-capital.html.

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, audio, 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.

Analyst Recommendations for Ted Baker (LON:TED)

Receive News & Ratings for Ted Baker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ted Baker and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply