Tate & Lyle PLC’s “Hold” Rating Reiterated at Canaccord Genuity (BD15)
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 one year low of GBX 93.00 and a one year high of GBX 105.00. The stock’s 50-day moving average is GBX 98.33 and its 200-day moving average is GBX 100.4.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Friday, August 29th. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Tate & Lyle PLC in a research note on Wednesday, August 20th. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Tate & Lyle PLC in a research note on Friday, July 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Tate & Lyle PLC currently has a consensus rating of “Hold” and an average price target of GBX 825 ($13.69).
Tate & Lyle PLC is a global provider of ingredients and solutions to the food, beverage and other industries.
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