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Tate & Lyle PLC 20.8% Potential Upside Indicated by Exane BNP Paribas

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Exane BNP Paribas. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Exane BNP Paribas have set a target price of 660 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.8% from the opening price of 546.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 16 points and decreased 140 points respectively. The 52 week high share price is 796.5 GBX while the year low share price is currently 522.6 GBX.

Tate & Lyle PLC has a 50 day moving average of 581.03 GBX and a 200 day moving average of 655.11. There are currently 461,575,959 shares in issue with the average daily volume traded being 2,694,066. Market capitalisation for LON:TATE is £2,524,820,496 GBP.