Treatt’s (TET) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Treatt (LON:TET) in a research note released on Friday morning, Marketbeat reports. They currently have a GBX 270 target price on the stock.

Treatt Stock Down 1.7%

Treatt stock opened at GBX 195.60 on Friday. The company has a 50 day moving average of GBX 207.40 and a 200-day moving average of GBX 224.84. The company has a quick ratio of 0.87, a current ratio of 3.16 and a debt-to-equity ratio of 6.21. Treatt has a twelve month low of GBX 180 and a twelve month high of GBX 340. The stock has a market capitalization of £115.47 million, a PE ratio of 23.40 and a beta of 0.71.

Treatt (LON:TET) last issued its quarterly earnings data on Tuesday, January 20th. The company reported GBX 13.40 EPS for the quarter. Treatt had a net margin of 3.82% and a return on equity of 3.64%. On average, equities research analysts anticipate that Treatt will post 27.0420792 EPS for the current fiscal year.

About Treatt

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.