Ted Baker plc (LON:TED) has received a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 613.33 ($8.01).
A number of analysts recently issued reports on TED shares. Goldman Sachs Group cut their price objective on Ted Baker from GBX 600 ($7.84) to GBX 450 ($5.88) and set a “neutral” rating for the company in a research report on Thursday, November 7th. Peel Hunt restated a “hold” rating on shares of Ted Baker in a report on Monday. Liberum Capital restated an “under review” rating on shares of Ted Baker in a report on Monday. Peel Hunt restated a “hold” rating and set a GBX 950 ($12.41) target price on shares of Ted Baker in a report on Thursday, October 3rd. Finally, Royal Bank of Canada lowered their target price on Ted Baker from GBX 900 ($11.76) to GBX 440 ($5.75) and set a “sector performer” rating for the company in a report on Friday, November 15th.
Shares of TED traded up GBX 15.80 ($0.21) during midday trading on Friday, reaching GBX 403 ($5.27). The company had a trading volume of 435,394 shares, compared to its average volume of 51,572. The firm has a 50 day simple moving average of GBX 429.29 and a 200-day simple moving average of GBX 843.75. The company has a quick ratio of 0.31, a current ratio of 1.17 and a debt-to-equity ratio of 157.42. The stock has a market cap of $179.69 million and a PE ratio of 155.00. Ted Baker has a 1-year low of GBX 370 ($4.83) and a 1-year high of GBX 2,128 ($27.81).
The firm also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 10th were paid a GBX 7.80 ($0.10) dividend. The ex-dividend date was Thursday, October 10th. This represents a yield of 1.41%. Ted Baker’s payout ratio is currently 18.46%.
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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