Tate & Lyle PLC Given “Underperform” Rating at BNP Paribas (BD15)
Tate & Lyle PLC (LON:BD15) remained flat at GBX 95.00 during trading on Friday. 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 98.33 and a 200-day moving average of GBX 100.4.
A number of other firms have also recently commented on BD15. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Thursday, June 5th. Separately, analysts at Jefferies Group downgraded shares of Tate & Lyle PLC to a “hold” rating in a research note on Thursday, June 5th. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Tate & Lyle PLC in a research note on Tuesday, June 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 845 ($14.49).
Tate & Lyle PLC is a global provider of ingredients and solutions to the food, beverage and other industries.
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