Tate & Lyle (BD15) Given a GBX 655 Price Target at Berenberg Bank
Several other research firms have also recently commented on BD15. Credit Suisse Group set a GBX 670 ($9.26) price objective on shares of Tate & Lyle and gave the company a neutral rating in a research report on Thursday, February 8th. Kepler Capital Markets set a GBX 660 ($9.12) price objective on shares of Tate & Lyle and gave the company a neutral rating in a research report on Thursday, February 8th. Goldman Sachs Group set a GBX 695 ($9.60) price objective on shares of Tate & Lyle and gave the company a neutral rating in a research report on Wednesday, February 7th. Finally, Jefferies Group set a GBX 750 ($10.36) price objective on shares of Tate & Lyle and gave the company a buy rating in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 688.89 ($9.52).
Shares of Tate & Lyle (LON BD15) opened at GBX 111.50 ($1.54) on Friday. The company has a market cap of $2,710.00 and a price-to-earnings ratio of 210.38. Tate & Lyle has a 52-week low of GBX 102 ($1.41) and a 52-week high of GBX 116 ($1.60).
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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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