Tate & Lyle PLC Rating Reiterated by Numis Securities Ltd (TATE)
Tate & Lyle PLC (LON:TATE)‘s stock had its “hold” rating restated by investment analysts at Numis Securities Ltd in a note issued to investors on Friday. They currently have a GBX 698 ($11.93) price target on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 6.48% from the stock’s previous close.
A number of other firms have also recently commented on TATE. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Tate & Lyle PLC in a research note on Friday. They now have a GBX 900 ($15.38) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Thursday. They now have a GBX 715 ($12.22) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. Tate & Lyle PLC has an average rating of “Hold” and an average price target of GBX 749.69 ($12.81).
Tate & Lyle PLC (LON:TATE) opened at 655.50 on Friday. Tate & Lyle PLC has a 52-week low of GBX 618.50 and a 52-week high of GBX 854.00. The stock’s 50-day moving average is GBX 671.5 and its 200-day moving average is GBX 687.8. The company’s market cap is £3.038 billion.
Tate & Lyle PLC is a global provider of ingredients and solutions to the food, beverage and other industries.
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