Tate & Lyle (TATE) PT Lowered to GBX 660 at BNP Paribas

Tate & Lyle (LON:TATE) had its price target decreased by BNP Paribas from GBX 670 ($9.40) to GBX 660 ($9.26) in a research report report published on Thursday morning. BNP Paribas currently has a neutral rating on the stock.

Other research analysts have also issued research reports about the stock. Kepler Capital Markets raised shares of Tate & Lyle to a buy rating and set a GBX 630 ($8.84) target price on the stock in a research note on Tuesday, February 13th. Liberum Capital reaffirmed a buy rating and issued a GBX 850 ($11.93) target price on shares of Tate & Lyle in a research note on Thursday, February 8th. Investec reaffirmed a buy rating and issued a GBX 735 ($10.32) target price on shares of Tate & Lyle in a research note on Monday, January 29th. Finally, Shore Capital reaffirmed a hold rating on shares of Tate & Lyle in a research note on Tuesday, January 16th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 730.17 ($10.25).

How to Become a New Pot Stock Millionaire

Shares of LON TATE opened at GBX 553.20 ($7.77) on Thursday. Tate & Lyle has a 1 year low of GBX 539.40 ($7.57) and a 1 year high of GBX 796.50 ($11.18).

In other news, insider Gerry M. Murphy acquired 10,000 shares of Tate & Lyle stock in a transaction that occurred on Tuesday, February 13th. The shares were acquired at an average price of GBX 571 ($8.02) per share, with a total value of £57,100 ($80,151.60).

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Tate & Lyle Company Profile

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through two segments, Speciality Food Ingredients and Bulk Ingredients.

Analyst Recommendations for Tate & Lyle (LON:TATE)

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