Tate & Lyle PLC (LON:TATE) shares traded down 0% during mid-day trading on Monday . The stock traded as low as GBX 685.40 ($9.29) and last traded at GBX 689.80 ($9.35). 2,100,000 shares were traded during trading, a decline of 41% from the average session volume of 3,530,000 shares. The stock had previously closed at GBX 689.80 ($9.35).
Several research analysts recently issued reports on the company. Berenberg Bank reaffirmed a “hold” rating and set a GBX 730 ($9.90) target price on shares of Tate & Lyle in a research report on Thursday, November 2nd. Shore Capital Group reaffirmed a “hold” rating on shares of Tate & Lyle in a research report on Thursday, November 2nd. Credit Suisse Group lowered their target price on Tate & Lyle from GBX 780 ($10.58) to GBX 710 ($9.63) and set a “neutral” rating for the company in a research report on Tuesday, October 17th. Liberum Capital reaffirmed a “buy” rating and set a GBX 850 ($11.53) target price on shares of Tate & Lyle in a research report on Monday. Finally, Kepler Capital Markets reaffirmed a “hold” rating and set a GBX 660 ($8.95) target price on shares of Tate & Lyle in a research report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. Tate & Lyle presently has a consensus rating of “Hold” and a consensus price target of GBX 743.36 ($10.08).
The stock has a market capitalization of $3,210.00 and a P/E ratio of 1,301.51.
ILLEGAL ACTIVITY WARNING: “Tate & Lyle (TATE) Trading Down 0%” was published by BBNS and is owned by of BBNS. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://baseballnewssource.com/markets/tate-lyle-tate-trading-down-0/1819049.html.
About Tate & Lyle
Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The Company’s segments include Speciality Food Ingredients and Bulk Ingredients. The Speciality Food Ingredients segment’s product categories include dairy, beverage, bakery and convenience. The Bulk Ingredients segment’s product lines include bulk sweeteners for food and beverage customers, and industrial starches for paper and construction industries.
Receive News & Ratings for Tate & Lyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tate & Lyle and related companies with MarketBeat.com's FREE daily email newsletter.