Liberum Capital announced Tate Lyle PLC (LON:TATE), upholding its stock price target at 770.00GBX today
- Updated: February 12, 2017
In a report issued 02/09/2017 Liberum Capital hold steady the stock price target of Tate Lyle PLC (LON:TATE) from 770.00GBX to 770.00GBX stating a potential upside of 0.08%.
On 2/08/2017, 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 713.50GBX, 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
Tate Lyle PLC has PE ratio of 13.78 with a one year low of 541.50GBX and a one year high of 850.00GBX and has a market capitalization of 0 GBX.
A total of 12 brokerages have issued a ratings update on Tate Lyle PLC. Three brokerages rating the company a strong buy, two brokerages rating the company a buy, ten brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 690.42GBX.
General Company Details For 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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