Ted Baker (LON:TED) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their hold rating on shares of Ted Baker (LON:TED) in a research report report published on Thursday, March 22nd. They currently have a GBX 3,000 ($42.96) price target on the stock.

TED has been the subject of a number of other research reports. Jefferies Group reaffirmed a buy rating and set a GBX 3,000 ($42.96) target price on shares of Ted Baker in a report on Tuesday, January 2nd. Barclays started coverage on Ted Baker in a report on Wednesday, December 6th. They set an equal weight rating and a GBX 2,700 ($38.66) target price for the company. Finally, Liberum Capital reaffirmed a buy rating and set a GBX 3,300 ($47.25) target price on shares of Ted Baker in a report on Wednesday, March 7th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 3,042.86 ($43.57).

How to Become a New Pot Stock Millionaire

TED traded up GBX 34 ($0.49) on Thursday, hitting GBX 2,670 ($38.23). The company had a trading volume of 62,157 shares, compared to its average volume of 51,572. Ted Baker has a 12-month low of GBX 2,286 ($32.73) and a 12-month high of GBX 3,244 ($46.45).

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

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

COPYRIGHT VIOLATION NOTICE: “Ted Baker (LON:TED) Rating Reiterated by Peel Hunt” was published by Week Herald and is the sole property of of Week Herald. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at https://weekherald.com/2018/04/17/ted-baker-ted-stock-rating-reaffirmed-by-peel-hunt.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