A statement released earlier today by Berenberg about Tate Lyle PLC (LON:TATE) maintains the target price at 810.00GBX
- Updated: February 12, 2017
Berenberg hold steady the target of Tate Lyle PLC (LON:TATE) at 810.00GBX stating a potential upside of 0.15%.
On Wednesday February 08, 2017, Credit Suisse released a statement for Tate Lyle PLC (LON:TATE) maintained the target price at 750.00GBX that suggested an upside of 0.07%.
Boasting a price of 706.00GBX, Tate Lyle PLC (LON:TATE) traded 0.49% higher on the day. With the last stock price close down -0.12% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. Tate Lyle PLC has recorded a 50-day average of 690.43GBX and a two hundred day average of 717.38GBX. Volume of trade was up over the average, with 2,518,430 shares of TATE changing hands over the typical 2,197,780
With a total market value of 0 GBX, Tate Lyle PLC has price-earnings ratio of 13.78 with a one year low of 541.50GBX and a one year high of 850.00GBX .
A total of 12 equity analysts have released a research note on TATE. Three equity analysts rating the company a strong buy, two equity analysts rating the company a buy, ten equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 690.42GBX.
Brief Synopsis About Tate Lyle PLC (LON:TATE)
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. The Company's portfolio of products includes DOLCIA PRIMA Allulose, PUREFRUIT Monk Fruit Extract, TASTEVA Stevia Sweetener, CLARIA Functional Clean-Label Starches, PROMITOR Soluble Fibre, PromOat Beta Glucan and SODA-LO Salt Microspheres. The Company operates primarily in two industries: corn wet milling and sweeteners. The Company operates a network of corn elevator facilities across the United States Midwest.
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