Ted Baker (LON:TED) Earns “Buy” Rating from Liberum Capital

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

Several other research analysts have also weighed in on the stock. Goldman Sachs Group lowered their price objective on shares of Ted Baker from GBX 1,700 ($22.21) to GBX 890 ($11.63) and set a neutral rating on the stock in a research note on Thursday, June 20th. Peel Hunt restated 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. Finally, Royal Bank of Canada lowered shares of Ted Baker to a sector performer rating and lowered their price objective for the stock from GBX 1,900 ($24.83) to GBX 900 ($11.76) in a research note on Wednesday, June 26th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,505 ($19.67).

Shares of LON TED opened at GBX 901.50 ($11.78) on Friday. The company has a quick ratio of 0.34, a current ratio of 1.51 and a debt-to-equity ratio of 56.59. Ted Baker has a 52-week low of GBX 750 ($9.80) and a 52-week high of GBX 2,418 ($31.60). The business has a 50-day moving average price of GBX 871.58 and a 200 day moving average price of GBX 1,378.54. The stock has a market cap of $401.76 million and a PE ratio of 9.87.

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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