Ted Baker plc 7.3% Potential Decrease Indicated by HSBC

Broker Ratings
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Ted Baker plc with EPIC/TICKER (LON:TED) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. Ted Baker plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set their target price at 345 GBX on its stock. This is indicating the analyst believes there is a potential downside of -7.3% from today’s opening price of 372 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.6 points and decreased 653 points respectively. The 1 year high for the stock price is 2129.94 GBX while the 52 week low for the stock is 257.6 GBX.

Ted Baker plc has a 50 day moving average of 438.71 GBX and the 200 Day Moving Average price is recorded at 1,005.80. There are currently 44,566,689 shares in issue with the average daily volume traded being 505,464. Market capitalisation for LON:TED is £175,588,293 GBP.

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