Canaccord Genuity Reiterates “Buy” Rating for Tate & Lyle (BD15)
Tate & Lyle (LON:BD15)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Thursday, StockRatingsNetwork reports. They currently have a GBX 900 ($14.07) price target on the stock.
Shares of Tate & Lyle (LON:BD15) remained flat at GBX 95.00 during during mid-day trading trading on Thursday. 2,500 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 98.18.
A number of other analysts have also recently weighed in on BD15. Analysts at Investec reiterated a “buy” rating on shares of Tate & Lyle (LON:BD15) in a research note to investors on Wednesday, July 24th. They now have a GBX 900 ($14.07) price target on the stock. Analysts at Societe Generale downgraded shares of Tate & Lyle (LON:BD15) to a “hold” rating in a research note to investors on Thursday, July 18th. They now have a GBX 900 ($14.07) price target on the stock.
Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 916.38 ($14.33).
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