Home » Reports » Broker Ratings » Tate & Lyle PLC 6.1% Potential Upside Indicated by Bank of America Merrill Lynch

Tate & Lyle PLC 6.1% Potential Upside Indicated by Bank of America Merrill Lynch

Tate & Lyle PLC with EPIC/TICKER (LON:TATE) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Bank of America Merrill Lynch. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 790 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.1% from the opening price of 744.8 GBX. Over the last 30 and 90 trading days the company share price has increased 42.6 points and decreased 7.4 points respectively. The 1 year high share price is 810 GBX while the 52 week low for the stock is 628.2 GBX.

Tate & Lyle PLC has a 50 day moving average of 740.48 GBX and the 200 Day Moving Average price is recorded at 731.11. There are currently 468,379,602 shares in issue with the average daily volume traded being 1,326,628. Market capitalisation for LON:TATE is £3,458,327,545 GBP.

Join us on our new LinkedIn page

Follow us on LinkedIn