Tate & Lyle plc (LON:BD15) has been given a GBX 690 ($9.08) price target by research analysts at Kepler Capital Markets in a note issued to investors on Friday, November 3rd. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ target price would suggest a potential upside of 494.83% from the stock’s current price.
A number of other equities analysts have also issued reports on BD15. Deutsche Bank AG set a GBX 725 ($9.54) target price on shares of Tate & Lyle plc and gave the stock a “neutral” rating in a research report on Friday, July 28th. Berenberg Bank set a GBX 730 ($9.60) target price on shares of Tate & Lyle plc and gave the stock a “neutral” rating in a research report on Monday, September 25th. Goldman Sachs Group, Inc. (The) set a GBX 660 ($8.68) price objective on shares of Tate & Lyle plc and gave the company a “neutral” rating in a report on Monday, July 31st. Finally, Jefferies Group LLC set a GBX 750 ($9.86) price objective on shares of Tate & Lyle plc and gave the company a “buy” rating in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 713.57 ($9.39).
Tate & Lyle plc (BD15) opened at GBX 116 ($1.53) on Friday. Tate & Lyle plc has a 12-month low of GBX 101 ($1.33) and a 12-month high of GBX 116 ($1.53).
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About Tate & Lyle plc
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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