Tate & Lyle Rating Increased to Buy at Societe Generale (BD15)
Tate & Lyle (LON:BD15) was upgraded by stock analysts at Societe Generale to a “buy” rating in a report issued on Monday, Analyst Ratings.Net reports. The firm currently has a GBX 865 ($13.88) price objective on the stock.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of Tate & Lyle in a research note to investors on Friday, September 27th. They now have a GBX 825 ($13.24) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Tate & Lyle to an “add” rating in a research note to investors on Thursday, September 19th. They now have a GBX 884 ($14.18) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Tate & Lyle in a research note to investors on Thursday, September 12th. They now have a GBX 900 ($14.44) price target on the stock. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Tate & Lyle presently has an average rating of “Buy” and a consensus target price of GBX 902.15 ($14.47).
Shares of Tate & Lyle (LON:BD15) opened at 95.00 on Monday. Tate & Lyle has a 52-week low of GBX 90.00 and a 52-week high of GBX 105.00. The stock has a 50-day moving average of GBX 95. and a 200-day moving average of GBX 98.10.
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