Societe Generale set a GBX 680 ($9.53) target price on Tate & Lyle (LON:BD15) in a report released on Friday. The firm currently has a buy rating on the stock.

Several other research analysts have also recently issued reports on the company. Berenberg Bank set a GBX 655 ($9.18) price objective on Tate & Lyle and gave the stock a neutral rating in a research report on Friday. Credit Suisse Group set a GBX 670 ($9.39) price objective on Tate & Lyle and gave the stock a neutral rating in a research report on Thursday. Kepler Capital Markets set a GBX 660 ($9.25) price objective on Tate & Lyle and gave the stock a neutral rating in a research report on Thursday. Goldman Sachs Group set a GBX 695 ($9.74) price objective on Tate & Lyle and gave the stock a neutral rating in a research report on Wednesday. Finally, Jefferies Group set a GBX 750 ($10.52) price target on Tate & Lyle and gave the company a buy rating in a research report on Monday, October 23rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 697.22 ($9.78).

Tate & Lyle (LON BD15) remained flat at $GBX 111.50 ($1.56) during trading hours on Friday. The firm has a market capitalization of $2,800.00 and a price-to-earnings ratio of 210.38. Tate & Lyle has a 1 year low of GBX 102 ($1.43) and a 1 year high of GBX 116 ($1.63).

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About Tate & Lyle

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.

Analyst Recommendations for Tate & Lyle (LON:BD15)

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