Tate & Lyle PLC (BD15) Given a GBX 750 Price Target by Jefferies Group LLC Analysts
Tate & Lyle PLC (LON:BD15) has been assigned a GBX 750 ($9.97) target price by stock analysts at Jefferies Group LLC in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock.
A number of other brokerages have also issued reports on BD15. Berenberg Bank set a GBX 730 ($9.70) price target on shares of Tate & Lyle PLC and gave the stock a “neutral” rating in a research note on Monday, September 25th. Goldman Sachs Group, Inc. (The) set a GBX 660 ($8.77) price target on shares of Tate & Lyle PLC and gave the stock a “neutral” rating in a research note on Monday, July 31st. Finally, Deutsche Bank AG set a GBX 725 ($9.63) price target on shares of Tate & Lyle PLC and gave the stock a “neutral” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 717.50 ($9.53).
Shares of Tate & Lyle PLC (LON:BD15) opened at 104.00 on Monday. The stock’s 50 day moving average price is GBX 107.00 and its 200-day moving average price is GBX 106.06. Tate & Lyle PLC has a 52-week low of GBX 100.00 and a 52-week high of GBX 109.00.
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.
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