Shares of Tate & Lyle PLC (LON:BD15) have earned a consensus rating of “Hold” from the nine brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 685.56 ($9.47).
Several equities research analysts recently commented on the company. Credit Suisse Group set a GBX 670 ($9.26) price target on Tate & Lyle and gave the company a “neutral” rating in a report on Thursday, February 8th. Societe Generale set a GBX 680 ($9.39) price target on Tate & Lyle and gave the company a “buy” rating in a report on Friday, February 9th. Goldman Sachs Group set a GBX 695 ($9.60) price target on Tate & Lyle and gave the company a “neutral” rating in a report on Wednesday, February 7th. Kepler Capital Markets set a GBX 660 ($9.12) price target on Tate & Lyle and gave the company a “neutral” rating in a report on Thursday, February 8th. Finally, Berenberg Bank set a GBX 655 ($9.05) price target on Tate & Lyle and gave the company a “neutral” rating in a report on Friday, February 9th.
Shares of Tate & Lyle (LON BD15) opened at GBX 111.50 ($1.54) on Friday. Tate & Lyle has a fifty-two week low of GBX 102 ($1.41) and a fifty-two week high of GBX 116 ($1.60). The company has a market capitalization of $2,640.00 and a P/E ratio of 210.38.
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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.
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