Ted Baker (TED.L) 29-01-20
Shares in Ted Baker (TED.L) have fallen dramatically from recent highs of 2000p. Will it continue, or is this an opportunity to pick up a bargain?
- This stock is one of the more significant fallers in the period.
- Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
- Is the trend your friend, or is a bounce imminent?
- The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
- Now trading at 261.4p (at time of writing). A return to previous highs would represent a rise of 665%.
- Shares -86% from 12-month highs; +-2% from 12 month lows.
Latest News
07:05: Ted Baker, the fashion company, announced it had given existing director, Jennifer Roebuck, the role of chief customer officer.
22 Jan: Ted Baker announced that an independent assessment had exposed the company for overstating the value of its stock held by £58m.
13 Jan: RBC Capital Markets has downgraded its rating on Ted Baker Plc (TED) to underperform (from sector performer) and reduced the target price to 300p (from 440p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires