Share on StockTwits

Tate & Lyle PLC (LON:BD15)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Wednesday.

Shares of Tate & Lyle PLC (LON:BD15) remained flat at GBX 95.00 during during mid-day trading trading on Wednesday. 5,000 shares of the company’s stock traded hands. 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 analysts have also recently weighed in on BD15. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Monday, August 11th. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Friday, July 25th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Tate & Lyle PLC in a research note on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 825 ($13.79).

Tate & Lyle PLC is a global provider of ingredients and solutions to the food, beverage and other industries.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.