Deutsche Bank Aktiengesellschaft Cuts Treatt (LON:TET) Price Target to GBX 215

Treatt (LON:TET) had its price target cut by Deutsche Bank Aktiengesellschaft from GBX 250 to GBX 215 in a research report sent to investors on Friday, Marketbeat reports. They currently have a hold rating on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 270 price objective on shares of Treatt in a report on Friday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Treatt currently has an average rating of “Hold” and a consensus price target of GBX 248.33.

Treatt Trading Down 1.7%

LON:TET opened at GBX 195.60 on Friday. The company has a quick ratio of 0.87, a current ratio of 3.16 and a debt-to-equity ratio of 6.21. The stock has a fifty day simple moving average of GBX 207.40 and a 200 day simple moving average of GBX 224.84. The firm has a market capitalization of £115.47 million, a price-to-earnings ratio of 23.40 and a beta of 0.71. Treatt has a 1-year low of GBX 180 and a 1-year high of GBX 340.

Treatt (LON:TET) last issued its earnings results on Tuesday, January 20th. The company reported GBX 13.40 earnings per share (EPS) for the quarter. Treatt had a return on equity of 3.64% and a net margin of 3.82%. Sell-side analysts forecast that Treatt will post 27.0420792 earnings per share for the current year.

Treatt Company Profile

We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results. Our people are creative, technically excellent and dedicated – allowing us to develop and supply a range of ready-made or bespoke systems to suit even the most adventurous needs.