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Tate & Lyle PLC 4.1% Potential Decrease Indicated by Goldman Sachs

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set their target price at 730 GBX on its stock. This indicates the analyst believes there is a potential downside of -4.1% from today’s opening price of 761 GBX. Over the last 30 and 90 trading days the company share price has increased 26.8 points and increased 64.8 points respectively. The 52 week high for the share price is currently at 810 GBX while the 52 week low for the share price is 618 GBX.

Tate & Lyle PLC has a 50 day moving average of 752.77 GBX and the 200 Day Moving Average price is recorded at 702.15. There are currently 467,582,003 shares in issue with the average daily volume traded being 1,864,659. Market capitalisation for LON:TATE is £3,522,762,902 GBP.