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Tate & Lyle PLC 9% Potential Upside Indicated by Goldman Sachs

Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set their target price at 695 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.0% from today’s opening price of 637.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 52.4 points and decreased 65.1 points respectively. The 52 week high share price is 796.5 GBX while the 52 week low is 622 GBX.

Tate & Lyle PLC has a 50 day moving average of 684.62 GBX and the 200 Day Moving Average price is recorded at 693.57. There are currently 465,685,962 shares in issue with the average daily volume traded being 1,776,051. Market capitalisation for LON:TATE is £2,985,978,445 GBP.