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Tate & Lyle PLC 13.8% Potential Upside Indicated by Barclays Capital

Tate & Lyle PLC with EPIC/TICKER (LON:TATE) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set their target price at 800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 13.8% from today’s opening price of 703 GBX. Over the last 30 and 90 trading days the company share price has decreased 8.4 points and increased 26.4 points respectively. The 52 week high for the share price is currently at 738.4 GBX while the year low share price is currently 522.6 GBX.

Tate & Lyle PLC has a 50 day moving average of 700.15 GBX and a 200 Day Moving Average share price is recorded at 676.38. There are currently 467,521,242 shares in issue with the average daily volume traded being 1,647,841. Market capitalisation for LON:TATE is £3,303,504,685 GBP.