A statement released earlier today by Numis about Tate Lyle PLC (LON:TATE) bumps the target price to 758.00GBX
- Updated: October 5, 2016
Numis bumped up the target of Tate Lyle PLC (LON:TATE) to 758.00GBX stating a potential downside of -0.02%.
On 9/30/2016, Liberum Capital released a statement for Tate Lyle PLC (LON:TATE) bumped up the target price from 790.00GBX to 795.00GBX that suggested an upside of 0.08%.
Boasting a price of 770.75GBX, Tate Lyle PLC (LON:TATE) traded 0.85% higher on the day. With the last stock price close up 16.12% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Tate Lyle PLC has recorded a 50-day average of 733.94GBX and a two hundred day average of 661.84GBX. Trade Volume was down over the average, with 89,939 shares of TATE changing hands under the typical 1,673,600
See Chart Below
Tate Lyle PLC has a 52 week low of 529.00GBX and a 52 week high of 781.00GBX with a PE ratio of 22.02 Tate Lyle PLC’s market capitalization is currently 0 GBX.
In addition to Numis reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is 690.42GBX with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 10 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.