Tate & Lyle (BD15) Given a GBX 630 Price Target by Kepler Capital Markets Analysts
Tate & Lyle (LON:BD15) has been given a GBX 630 ($8.70) price objective by research analysts at Kepler Capital Markets in a report released on Wednesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price indicates a potential upside of 465.02% from the company’s previous close.
BD15 has been the subject of several other reports. Credit Suisse Group set a GBX 670 ($9.26) target price on Tate & Lyle and gave the stock a “neutral” rating in a report on Thursday, February 8th. Societe Generale set a GBX 680 ($9.39) price target on Tate & Lyle and gave the stock a “buy” rating in a research report on Friday, February 9th. Goldman Sachs Group set a GBX 660 ($9.12) price target on Tate & Lyle and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Jefferies Group set a GBX 750 ($10.36) price target on Tate & Lyle and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Berenberg Bank set a GBX 655 ($9.05) price target on Tate & Lyle and gave the stock a “neutral” rating in a research report on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 685.56 ($9.47).
Shares of Tate & Lyle (LON BD15) opened at GBX 111.50 ($1.54) on Wednesday. Tate & Lyle has a 1-year low of GBX 102 ($1.41) and a 1-year high of GBX 116 ($1.60). The firm has a market capitalization of $2,660.00 and a price-to-earnings ratio of 210.38.
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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