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Tate & Lyle PLC 13.3% Potential Upside Indicated by Investec

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Investec. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Investec have set a target price of 735 GBX on its stock. This now indicates the analyst believes there is a possible upside of 13.3% from the opening price of 648.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 42.4 points and increased 3.1 points respectively. The 52 week high for the stock is 796.5 GBX while the year low share price is currently 622 GBX.

Tate & Lyle PLC has a 50 day moving average of 690.91 GBX and the 200 Day Moving Average price is recorded at 697.69. There are currently 465,686,011 shares in issue with the average daily volume traded being 1,659,663. Market capitalisation for LON:TATE is £3,012,988,491 GBP.