Tate & Lyle PLC Given Average Rating of “Buy” by Analysts (LON:BD15)
Tate & Lyle PLC (LON:BD15) has earned a consensus rating of “Buy” from the nine ratings firms that are covering the company, AR Network reports. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 851 ($14.27).
A number of analysts have recently weighed in on BD15 shares. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Tate & Lyle PLC in a research note on Tuesday. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Tate & Lyle PLC in a research note on Tuesday. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Monday.
Shares of Tate & Lyle PLC (LON:BD15) remained flat at GBX 100.00 during during mid-day trading trading on Wednesday. The stock had a trading volume of 3,000 shares. Tate & Lyle PLC has a 52 week low of GBX 93.00 and a 52 week high of GBX 105.00. The stock has a 50-day moving average of GBX 100.6 and a 200-day moving average of GBX 101.3.
Tate & Lyle PLC is a global provider of ingredients and solutions to the food, beverage and other industries.
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