Tate & Lyle PLC (LON:BD15) has been assigned a GBX 690 ($9.11) price objective by equities researchers at Kepler Capital Markets in a report issued on Friday. The brokerage currently has a “neutral” rating on the stock.
Several other equities research analysts also recently issued reports on BD15. Deutsche Bank AG set a GBX 725 ($9.57) price objective on shares of Tate & Lyle PLC and gave the stock a “neutral” rating in a research note on Friday, July 28th. Berenberg Bank set a GBX 730 ($9.63) price objective on shares of Tate & Lyle PLC and gave the stock a “neutral” rating in a research note on Monday, September 25th. Jefferies Group LLC set a GBX 750 ($9.90) price objective on shares of Tate & Lyle PLC and gave the stock a “buy” rating in a research note on Monday, October 23rd. Finally, Goldman Sachs Group, Inc. (The) set a GBX 660 ($8.71) price objective on shares of Tate & Lyle PLC and gave the stock a “neutral” rating in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Tate & Lyle PLC presently has an average rating of “Hold” and an average target price of GBX 713.57 ($9.42).
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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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