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Tate & Lyle PLC 6.5% Potential Decrease Indicated by Kepler Cheuvreux

Tate & Lyle PLC with EPIC/TICKER (LON:TATE) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘REDUCE’ today by analysts at Kepler Cheuvreux. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Kepler Cheuvreux have set their target price at 620 GBX on its stock. This would indicate that the analyst believes there is a downside of -6.5% from the opening price of 662.8 GBX. Over the last 30 and 90 trading days the company share price has increased 61 points and increased 115.2 points respectively. The 1 year high stock price is 746 GBX while the 52 week low for the stock is 522.6 GBX.

Tate & Lyle PLC has a 50 day moving average of 607.55 GBX and a 200 Day Moving Average share price is recorded at 637.99. There are currently 461,242,857 shares in issue with the average daily volume traded being 3,153,339. Market capitalisation for LON:TATE is £3,058,962,684 GBP.