Tate & Lyle PLC 9.3% Potential Upside Indicated by Barclays Capital

Broker Ratings

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set a target price of 730 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.3% from today’s opening price of 668 GBX. Over the last 30 and 90 trading days the company share price has decreased 37 points and decreased 44.2 points respectively. The 1 year high 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 660.45 GBX and a 200 Day Moving Average share price is recorded at 720.52. There are currently 468,407,701 shares in issue with the average daily volume traded being 1,752,219. Market capitalisation for LON:TATE is £3,160,815,102 GBP.

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