Tate & Lyle Given “Buy” Rating at Deutsche Bank (TATE)
Tate & Lyle (LON: TATE)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Tuesday. They currently have a $13.60 (900 GBX) target price on the stock.
Tate & Lyle (LON: TATE) opened at 834.00 on Tuesday. Tate & Lyle has a 1-year low of GBX 621.95 and a 1-year high of GBX 843.5001. The stock’s 50-day moving average is currently GBX 662.1. The company’s market cap is £3.876 billion.
Separately, analysts at BNP Paribas downgraded shares of Tate & Lyle to a “neutral” rating in a research note to investors on Friday, February 15th. They now have a $12.40 price target on the stock.
Tate & Lyle PLC is a provider of speciality food ingredients and solutions. The Company and its subsidiary and associated undertakings together with its joint ventures develops, manufactures and markets food and industrial ingredients made from renewable resources.
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