Tate & Lyle PLC (LON:BD15) Given a GBX 660 Price Target at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) set a GBX 660 ($8.57) price objective on Tate & Lyle PLC (LON:BD15) in a research note issued to investors on Monday, July 31st. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently weighed in on the company. BNP Paribas set a GBX 640 ($8.31) price target on Tate & Lyle PLC and gave the stock a sell rating in a report on Saturday, May 20th. Deutsche Bank AG set a GBX 875 ($11.36) price objective on Tate & Lyle PLC and gave the stock a buy rating in a research note on Thursday, April 13th. Jefferies Group LLC set a GBX 800 ($10.39) price objective on Tate & Lyle PLC and gave the stock a neutral rating in a research note on Wednesday, June 7th. Citigroup Inc. set a GBX 800 ($10.39) price objective on Tate & Lyle PLC and gave the stock a neutral rating in a research note on Tuesday, June 6th. Finally, Berenberg Bank set a GBX 805 ($10.45) price objective on Tate & Lyle PLC and gave the stock a neutral rating in a research note on Friday, May 26th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 738.33 ($9.59).

Tate & Lyle PLC (LON:BD15) opened at 104.00 on Monday. Tate & Lyle PLC has a 12 month low of GBX 98.00 and a 12 month high of GBX 109.00. The firm has a 50-day moving average price of GBX 106.12 and a 200-day moving average price of GBX 105.52.

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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.

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