London: Ted Baker Plc (LON:TED) Stock Has Just Had Its Buy Rating Reiterated by Goldman Sachs. Shares now Have a GBX 2000.00 Target

Ted Baker Plc (LON:TED) Logo

Ted Baker Plc (LON:TED) Rating Reaffirmed

London: In a research report shared with investors and clients on Friday, 7 December, Goldman Sachs kept their Buy rating on Ted Baker Plc (LON:TED) shares. They now have a GBX 2000.00 target price on the firm. Goldman Sachs’s target would suggest a potential upside of 32.36 % from the company’s close price.

Ted Baker Plc (LON:TED) Ratings Coverage

Among 6 analysts covering Ted Baker Plc (LON:TED), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Ted Baker Plc has GBX 3100 highest and GBX 2350 lowest target. GBX 2715.17’s average target is 78.51% above currents GBX 1521 stock price. Ted Baker Plc had 16 analyst reports since June 12, 2018 according to SRatingsIntel. The stock has “Buy” rating by Liberum Capital on Friday, June 22. The stock has “Add” rating by Peel Hunt on Friday, November 2. The firm has “Buy” rating by Liberum Capital given on Tuesday, June 12. Peel Hunt maintained Ted Baker Plc (LON:TED) on Tuesday, June 12 with “Hold” rating. The company was maintained on Friday, October 5 by Barclays Capital. The stock has “Buy” rating by Canaccord Genuity on Tuesday, June 12. The stock of Ted Baker Plc (LON:TED) has “Outperform” rating given on Monday, October 15 by RBC Capital Markets. As per Monday, August 20, the company rating was maintained by Liberum Capital. As per Wednesday, June 13, the company rating was maintained by Barclays Capital. Liberum Capital maintained the shares of TED in report on Monday, September 10 with “Buy” rating.

The stock increased 0.66% or GBX 10 during the last trading session, reaching GBX 1521. About 43,902 shares traded. Ted Baker Plc (LON:TED) has 0.00% since December 7, 2017 and is . It has underperformed by 15.62% the S&P500.

Ted Baker Plc engages in the design, wholesale, and retail of menswear, womenswear, and accessories under the Ted Baker name. The company has market cap of 677.77 million GBP. The firm operates through three divisions: Retail, Wholesale, and Licensing. It has a 12.9 P/E ratio. It offers a range of collections, including global, phormal, endurance, accessories, audio, 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.

More news for Ted Baker Plc (LON:TED) were recently published by: Fortune.com, which released: “SpaceX To Reveal Identity Of First Space Tourist – Fortune” on September 14, 2018. Huffingtonpost.com‘s article titled: “Ted Cruz’s Facebook Live Broadcast Goes Hilariously Awry – HuffPost” and published on October 20, 2018 is yet another important article.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.