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Tate & Lyle PLC 10.5% Potential Upside Indicated by Barclays Capital

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set a target price of 850 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.5% from the opening price of 769.4 GBX. Over the last 30 and 90 trading days the company share price has increased 24.4 points and increased 38.8 points respectively. The 52 week high for the share price is currently at 810 GBX while the 52 week low is 605.61 GBX.

Tate & Lyle PLC has a 50 day moving average of 749.81 GBX and a 200 Day Moving Average share price is recorded at 701.19. There are currently 467,582,003 shares in issue with the average daily volume traded being 1,885,836. Market capitalisation for LON:TATE is £3,558,299,020 GBP.