Tate & Lyle PLC 3.7% Potential Upside Indicated by Berenberg

Broker Ratings

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Berenberg have set a target price of 695 GBX on its stock. This now indicates the analyst believes there is a possible upside of 3.7% from the opening price of 670 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.4 points and decreased 24.6 points respectively. The 52 week high share price is 811.4 GBX while the year low stock price is currently 493.83 GBX.

Tate & Lyle PLC has a 50 day moving average of 674.06 GBX and the 200 Day Moving Average price is recorded at 709.94. There are currently 468,417,247 shares in issue with the average daily volume traded being 1,605,554. Market capitalisation for LON:TATE is £3,159,005,711 GBP.

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