TATE has been the subject of a number of other research reports. Goldman Sachs Group set a $27.00 price target on Melco Resorts & Entertainment and gave the stock a buy rating in a report on Tuesday, May 28th. Deutsche Bank upped their price target on Spirit Airlines from $75.00 to $79.00 and gave the stock a buy rating in a report on Friday, July 12th. Berenberg Bank restated a buy rating and issued a GBX 3,050 ($39.85) price target on shares of Cranswick in a report on Tuesday, May 28th. Liberum Capital restated a sell rating on shares of Pendragon in a report on Thursday, June 27th. Finally, Jefferies Financial Group restated a buy rating and issued a GBX 3,000 ($39.20) price target on shares of in a report on Monday, June 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. Tate & Lyle presently has an average rating of Hold and a consensus price target of GBX 756.43 ($9.88).
LON TATE opened at GBX 762.60 ($9.96) on Wednesday. The stock has a market cap of $3.57 billion and a PE ratio of 19.76. Tate & Lyle has a fifty-two week low of GBX 620 ($8.10) and a fifty-two week high of GBX 810 ($10.58). The business has a 50 day moving average of GBX 746.91. The company has a debt-to-equity ratio of 40.09, a quick ratio of 0.88 and a current ratio of 1.61.
In other news, insider Nick Hampton sold 333,000 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of GBX 725 ($9.47), for a total transaction of £2,414,250 ($3,154,645.24).
Tate & Lyle Company Profile
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.
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