Tate & Lyle PLC 5.8% Potential Decrease Indicated by Deutsche Bank

Broker Ratings

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 630 GBX on its stock. This now indicates the analyst believes there is a potential downside of -5.8% from the opening price of 668.6 GBX. Over the last 30 and 90 trading days the company share price has increased 22.6 points and decreased 122 points respectively. The 1 year high for the stock 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 673.56 GBX and a 200 day moving average of 726.57. There are currently 468,407,701 shares in issue with the average daily volume traded being 1,873,494. Market capitalisation for LON:TATE is £3,072,714,496 GBP.

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