Tate & Lyle PLC (LON: TATE) recently received a number of ratings updates from brokerages and research firms:

  • 9/9/2016 – Tate & Lyle PLC was upgraded by analysts at Societe Generale to a ” buy” rating. They now have a GBX 830 ($10.83) price target on the stock, up previously from GBX 780 ($10.18).
  • 9/8/2016 – Tate & Lyle PLC had its “neutral” rating reaffirmed by analysts at BNP Paribas. They now have a GBX 700 ($9.14) price target on the stock.
  • 9/8/2016 – Tate & Lyle PLC was upgraded by analysts at Societe Generale to a “buy” rating. They now have a GBX 830 ($10.83) price target on the stock, up previously from GBX 780 ($10.18).
  • 8/31/2016 – Tate & Lyle PLC had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 790 ($10.31) price target on the stock.
  • 8/26/2016 – Tate & Lyle PLC had its price target raised by analysts at Jefferies Group from GBX 720 ($9.40) to GBX 825 ($10.77). They now have a “buy” rating on the stock.
  • 8/11/2016 – Tate & Lyle PLC had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 790 ($10.31) price target on the stock.

Tate & Lyle PLC (LON:TATE) traded down 0.48% on Wednesday, hitting GBX 721.00. The stock had a trading volume of 1,098,261 shares. The firm’s market cap is GBX 3.35 billion. Tate & Lyle PLC has a 52-week low of GBX 529.00 and a 52-week high of GBX 747.32. The company’s 50 day moving average price is GBX 729.40 and its 200 day moving average price is GBX 649.20.

In other Tate & Lyle PLC news, insider Hampton,Nick sold 45,600 shares of the stock in a transaction on Friday, August 19th. The stock was sold at an average price of GBX 739 ($9.65), for a total value of £336,984 ($439,869.47). Also, insider Stanley,Sybella purchased 4,983 shares of the business’s stock in a transaction on Thursday, June 23rd. The stock was acquired at an average price of GBX 627 ($8.18) per share, with a total value of £31,243.41 ($40,782.42).

Tate & Lyle PLC provides ingredients and solutions to the food, beverage and other industries. The Company operates through two business segments: Speciality Food Ingredients, which offers products, such as sweeteners, texturants, health and wellness, and food systems, and Bulk Ingredients segment, which offers products, such as liquid sweeteners, industrial starches, citric acid, bio-fuels and animal feed.

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