Tate & Lyle (LON:TATE)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 850 ($11.92) price target on the stock. Liberum Capital’s price target indicates a potential upside of 46.05% from the stock’s current price.
TATE has been the subject of a number of other research reports. Shore Capital Group reissued a “hold” rating on shares of Tate & Lyle in a report on Thursday, November 2nd. Jefferies Group raised Tate & Lyle to a “buy” rating and reduced their target price for the stock from GBX 800 ($11.22) to GBX 750 ($10.52) in a report on Monday, October 23rd. Shore Capital reissued a “hold” rating on shares of Tate & Lyle in a report on Thursday, November 2nd. BNP Paribas reduced their target price on Tate & Lyle from GBX 700 ($9.81) to GBX 670 ($9.39) and set a “neutral” rating for the company in a report on Wednesday, January 31st. Finally, Kepler Capital Markets raised Tate & Lyle to a “hold” rating and reduced their target price for the stock from GBX 690 ($9.67) to GBX 660 ($9.25) in a report on Friday, October 27th. Twelve investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Tate & Lyle currently has a consensus rating of “Hold” and a consensus price target of GBX 739 ($10.36).
Tate & Lyle (TATE) opened at GBX 582 ($8.16) on Thursday. The firm has a market capitalization of $2,730.00 and a P/E ratio of 1,098.11. Tate & Lyle has a 52-week low of GBX 582 ($8.16) and a 52-week high of GBX 796.50 ($11.17).
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.com-unik.info/2018/02/10/tate-lyle-tate-rating-reiterated-by-liberum-capital.html.
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.
Receive News & Ratings for Tate & Lyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tate & Lyle and related companies with MarketBeat.com's FREE daily email newsletter.