Tate & Lyle PLC (BD15) Receives Consensus Rating of “Hold” from Analysts
Tate & Lyle PLC (LON:BD15) has received a consensus recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 725.83 ($9.54).
Several analysts have recently commented on the stock. Deutsche Bank AG set a GBX 725 ($9.53) price target on shares of Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Friday, July 7th. Goldman Sachs Group, Inc. (The) set a GBX 660 ($8.68) price target on shares of Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Monday, July 31st. Finally, Berenberg Bank set a GBX 730 ($9.60) price target on shares of Tate & Lyle PLC and gave the company a “neutral” rating in a research report on Monday, September 25th.
Shares of Tate & Lyle PLC (BD15) opened at 104.00 on Thursday. Tate & Lyle PLC has a one year low of GBX 100.00 and a one year high of GBX 109.00. The stock has a 50 day moving average price of GBX 107.00 and a 200 day moving average price of GBX 106.14.
Tate & Lyle PLC Company Profile
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.
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