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Treatt plc 8.4% Potential Upside Indicated by Investec

Treatt plc using EPIC/TICKER code LON:TET had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Investec. Treatt plc are listed in the Basic Materials sector within UK Main Market. Investec have set their target price at 290 GBX on its stock. This indicates the analyst now believes there is a potential upside of 8.4% from the opening price of 267.5 GBX. Over the last 30 and 90 trading days the company share price has increased 49.3 points and increased 85.62 points respectively.

 
Treatt plc LON:TET has a 50 day moving average of 226.53 GBX and a 200 day moving average of 190.73 GBX. The 52 week high share price is 270 GBX while the year low share price is currently 159.25 GBX. There are currently 51,389,568 shares in issue with the average daily volume traded being 32,460. Market capitalisation for LON:TET is £129,116,290 GBP.

 

Treatt plc is a United Kingdom-based company, which is engaged in providing ingredient solutions. The Company is engaged in manufacturing and supplying ingredient solutions for the flavor, fragrance and consumer goods markets with manufacturing sites in the United Kingdom, the United States and Kenya. It also offers its products to customers in Rest of Europe, the Americas and other parts of the world.

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