Tate & Lyle PLC (LON:BD15) has earned a consensus rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 738.33 ($9.54).

Several equities analysts have recently issued reports on BD15 shares. Deutsche Bank AG set a GBX 875 ($11.30) price target on Tate & Lyle PLC and gave the company a “buy” rating in a research report on Friday, May 26th. Goldman Sachs Group, Inc. (The) set a GBX 660 ($8.52) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Monday, July 31st. Jefferies Group LLC set a GBX 800 ($10.33) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Wednesday, June 7th. Citigroup Inc. set a GBX 800 ($10.33) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Tuesday, June 6th. Finally, Berenberg Bank set a GBX 805 ($10.40) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Friday, May 26th.

Shares of Tate & Lyle PLC (LON BD15) opened at 104.00 on Friday. Tate & Lyle PLC has a 12-month low of GBX 100.00 and a 12-month high of GBX 109.00. The firm has a 50-day moving average price of GBX 107.00 and a 200 day moving average price of GBX 106.07.

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About Tate & Lyle PLC

Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The Company’s segments include Speciality Food Ingredients and Bulk Ingredients. The Speciality Food Ingredients segment’s product categories include dairy, beverage, bakery and convenience. The Bulk Ingredients segment’s product lines include bulk sweeteners for food and beverage customers, and industrial starches for paper and construction industries.

Analyst Recommendations for Tate & Lyle PLC (LON:BD15)

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