Peel Hunt reaffirmed their hold rating on shares of Ted Baker plc (LON:TED) in a research report sent to investors on Tuesday. Peel Hunt currently has a GBX 3,100 ($38.37) target price on the stock.
Other research analysts have also recently issued research reports about the stock. Liberum Capital restated a buy rating and issued a GBX 3,100 ($38.37) target price on shares of Ted Baker plc in a research report on Tuesday, July 5th. Jefferies Group reduced their price target on shares of Ted Baker plc from GBX 3,000 ($37.13) to GBX 2,820 ($34.90) and set a buy rating for the company in a research note on Tuesday, July 5th. Goldman Sachs Group Inc. reaffirmed a buy rating and issued a GBX 4,300 ($53.22) price target on shares of Ted Baker plc in a research note on Monday, June 27th. Canaccord Genuity reaffirmed a buy rating and issued a GBX 3,571 ($44.20) price target on shares of Ted Baker plc in a research note on Tuesday, June 14th. Finally, BNP Paribas initiated coverage on shares of Ted Baker plc in a research note on Friday, September 9th. They issued an outperform rating and a GBX 3,500 ($43.32) price target for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The company has an average rating of Buy and an average target price of GBX 3,205.17 ($39.67).
Shares of Ted Baker plc (LON:TED) opened at 2551.00 on Tuesday. The company’s 50-day moving average is GBX 2,593.65 and its 200-day moving average is GBX 2,474.88. Ted Baker plc has a 12 month low of GBX 2,069.00 and a 12 month high of GBX 3,650.00. The firm’s market cap is GBX 1.12 billion.
The firm also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 20th will be paid a dividend of GBX 14.80 ($0.18) per share. This represents a yield of 0.58%. The ex-dividend date is Thursday, October 20th.
In related news, insider Anderson,Charles sold 2,339 shares of the stock in a transaction that occurred on Tuesday, July 26th. The shares were sold at an average price of GBX 2,276 ($28.17), for a total transaction of £53,235.64 ($65,885.69).