Tate & Lyle PLC Given Average Rating of “Hold” by Brokerages (LON:BD15)
Shares of Tate & Lyle PLC (LON:BD15) have earned a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock, Stock Ratings News reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 825 ($13.79).
Several analysts have recently commented on the stock. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Tate & Lyle PLC in a research note on Wednesday. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Monday, August 11th. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Friday, July 25th.
Shares of Tate & Lyle PLC (LON:BD15) opened at 95.00 on Friday. 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.
Tate & Lyle PLC is a global provider of ingredients and solutions to the food, beverage and other industries.
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