Tate & Lyle PLC (BD15) Receives GBX 685.56 Average Price Target from Brokerages

Tate & Lyle PLC (LON:BD15) has received an average rating of “Hold” from the nine analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 685.56 ($9.62).

A number of research firms have issued reports on BD15. Berenberg Bank set a GBX 655 ($9.19) price target on Tate & Lyle and gave the company a “neutral” rating in a research report on Friday, February 9th. Goldman Sachs set a GBX 695 ($9.76) price target on Tate & Lyle and gave the company a “neutral” rating in a research report on Wednesday, February 7th. Kepler Capital Markets set a GBX 660 ($9.26) price target on Tate & Lyle and gave the company a “neutral” rating in a research report on Thursday, February 8th. Societe Generale set a GBX 680 ($9.55) price target on Tate & Lyle and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, Credit Suisse Group set a GBX 670 ($9.40) price target on Tate & Lyle and gave the company a “neutral” rating in a research report on Thursday, February 8th.

Shares of LON:BD15 remained flat at $GBX 111.50 ($1.57) during midday trading on Thursday. Tate & Lyle has a fifty-two week low of GBX 102.50 ($1.44) and a fifty-two week high of GBX 105.50 ($1.48).

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Tate & Lyle Company Profile

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.

Analyst Recommendations for Tate & Lyle (LON:BD15)

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