Ted Baker (LON:TED)‘s stock had its “hold” rating reiterated by equities research analysts at Peel Hunt in a note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also recently weighed in on the company. HSBC dropped their price objective on Ted Baker from GBX 465 ($6.12) to GBX 345 ($4.54) and set a “hold” rating for the company in a report on Monday, December 16th. Liberum Capital reiterated an “under review” rating on shares of Ted Baker in a report on Wednesday, January 22nd. Panmure Gordon reiterated an “under review” rating on shares of Ted Baker in a report on Wednesday, December 11th. Royal Bank of Canada cut Ted Baker to an “underperform” rating and lowered their target price for the company from GBX 440 ($5.79) to GBX 300 ($3.95) in a research note on Monday, January 13th. Finally, Goldman Sachs Group lowered their target price on Ted Baker from GBX 450 ($5.92) to GBX 390 ($5.13) and set a “neutral” rating for the company in a research note on Friday, December 13th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Ted Baker presently has a consensus rating of “Hold” and an average target price of GBX 787.86 ($10.36).
LON TED opened at GBX 305.60 ($4.02) on Thursday. Ted Baker has a fifty-two week low of GBX 219 ($2.88) and a fifty-two week high of GBX 2,026 ($26.65). The company has a debt-to-equity ratio of 157.42, a quick ratio of 0.31 and a current ratio of 1.17. The stock has a 50 day simple moving average of GBX 333.10 and a two-hundred day simple moving average of GBX 573.66. The stock has a market cap of $136.20 million and a P/E ratio of 117.54.
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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