Tate & Lyle PLC (BD15) Receives Consensus Rating of “Hold” from Brokerages

Shares of Tate & Lyle PLC (LON:BD15) have been assigned an average recommendation of “Hold” from the seven analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 713.57 ($9.42).

A number of equities analysts have issued reports on BD15 shares. Kepler Capital Markets set a GBX 690 ($9.11) target price on Tate & Lyle PLC and gave the stock a “neutral” rating in a report on Friday. Jefferies Group LLC set a GBX 750 ($9.90) target price on Tate & Lyle PLC and gave the stock a “buy” rating in a report on Monday, October 23rd. Goldman Sachs Group, Inc. (The) set a GBX 650 ($8.58) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research note on Monday, July 10th. Berenberg Bank set a GBX 730 ($9.63) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research note on Monday, September 25th. Finally, Deutsche Bank AG set a GBX 725 ($9.57) price target on Tate & Lyle PLC and gave the company a “neutral” rating in a research note on Friday, July 28th.

Tate & Lyle PLC (BD15) opened at GBX 107 ($1.41) on Monday. Tate & Lyle PLC has a fifty-two week low of GBX 102.50 ($1.35) and a fifty-two week high of GBX 105.50 ($1.39).

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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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