Home » Reports » Tate & Lyle PLC 9.6% Potential Upside Indicated by Goldman Sachs

Tate & Lyle PLC 9.6% Potential Upside Indicated by Goldman Sachs

Tate & Lyle PLC with EPIC/TICKER (LON:TATE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set a target price of 750 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.6% from the opening price of 684 GBX. Over the last 30 and 90 trading days the company share price has decreased 25.6 points and decreased 37.4 points respectively. The 1 year high for the share 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 662.73 GBX and the 200 Day Moving Average price is recorded at 720.45. There are currently 468,407,701 shares in issue with the average daily volume traded being 1,786,181. Market capitalisation for LON:TATE is £3,210,466,490 GBP.

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