Tate & Lyle Stock Rating Reaffirmed by Canaccord Genuity (BD15)
Tate & Lyle (LON:BD15)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Tuesday, Stock Ratings News reports. They currently have a GBX 900 ($14.76) price target on the stock.
Shares of Tate & Lyle (LON:BD15) traded up 6.32% on Tuesday, hitting GBX 101.00. The stock had a trading volume of 10,000 shares. Tate & Lyle has a one year low of GBX 90.00 and a one year high of GBX 105.00. The stock’s 50-day moving average is GBX 100.7 and its 200-day moving average is GBX 98.72.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd downgraded shares of Tate & Lyle to a “hold” rating in a research note to investors on Wednesday, November 13th. They now have a GBX 863 ($14.15) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Tate & Lyle in a research note to investors on Thursday, November 7th. They now have a GBX 900 ($14.76) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Tate & Lyle in a research note to investors on Wednesday, October 9th. They now have a GBX 825 ($13.53) price target on the stock. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Tate & Lyle presently has a consensus rating of “Buy” and a consensus target price of GBX 892.05 ($14.63).
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