Ted Baker plc (TED) Given New GBX 3,100 Price Target at Jefferies Group LLC

Ted Baker plc (LON:TED) had its price objective boosted by Jefferies Group LLC from GBX 2,900 ($38.13) to GBX 3,100 ($40.76) in a research report report published on Wednesday. They currently have a buy rating on the stock.

TED has been the topic of a number of other research reports. Royal Bank Of Canada restated an outperform rating and set a GBX 2,800 ($36.81) price target on shares of Ted Baker plc in a research note on Tuesday, June 27th. Liberum Capital restated a buy rating and set a GBX 3,100 ($40.76) price target on shares of Ted Baker plc in a research note on Tuesday. Finally, Peel Hunt cut their price target on shares of Ted Baker plc from GBX 3,100 ($40.76) to GBX 2,750 ($36.16) and set a hold rating on the stock in a research note on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of GBX 2,994.17 ($39.37).

Ted Baker plc (LON:TED) traded down 0.79% during midday trading on Wednesday, reaching GBX 2750.00. 56,191 shares of the company’s stock were exchanged. Ted Baker plc has a 12-month low of GBX 2,286.00 and a 12-month high of GBX 3,150.00. The stock’s 50-day moving average is GBX 2,555.51 and its 200-day moving average is GBX 2,544.84. The stock’s market capitalization is GBX 1.21 billion.

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In related news, insider Raymond Stuart Kelvin sold 62,527 shares of the stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of GBX 2,760 ($36.29), for a total transaction of £1,725,745.20 ($2,268,926.11).

Ted Baker plc Company Profile

Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.

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