Tate Lyle PLC (LON:TATE) Shareholders Are Liking The News That Deutsche Bank Has Reiterated Their “Hold” Rating on the Stock

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Tate Lyle PLC (LON:TATE) Rating Reaffirmed

Tate Lyle PLC (LON:TATE) shares have had their “Hold” Rating reiterated by research analysts at Deutsche Bank in analysts report published on 12 July.

Tate & Lyle plc (LON:TATE) Ratings Coverage

Among 3 analysts covering Tate Lyle PLC (LON:TATE), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Tate Lyle PLC has GBX 800 highest and GBX 620 lowest target. GBX 715’s average target is -4.41% below currents GBX 748 stock price. Tate Lyle PLC had 19 analyst reports since February 7, 2019 according to SRatingsIntel. The stock of Tate & Lyle plc (LON:TATE) earned “Hold” rating by Deutsche Bank on Monday, February 11. Liberum Capital maintained the stock with “Buy” rating in Thursday, February 7 report. The rating was maintained by Jefferies on Monday, June 3 with “Hold”. The stock has “Neutral” rating by Goldman Sachs on Friday, February 8. The company was maintained on Tuesday, April 9 by Jefferies. Goldman Sachs maintained the shares of TATE in report on Tuesday, May 28 with “Neutral” rating. Berenberg maintained it with “Hold” rating and GBX 795 target in Tuesday, May 28 report.

The stock decreased 0.58% or GBX 4.4 during the last trading session, reaching GBX 748. About 172,235 shares traded. Tate & Lyle plc (LON:TATE) has 0.00% since July 12, 2018 and is . It has underperformed by 4.43% the S&P500.

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. The company has market cap of 3.49 billion GBP. It operates through two divisions, Speciality Food Ingredients and Bulk Ingredients. It has a 19.38 P/E ratio. The firm offers texturants, including corn starches, clean-label starches, and stabilizer systems; sweeteners, such as high intensity sweeteners and specialty sweeteners; and health and wellness ingredients comprising dietary fibers and oat proteins.

Another recent and important Tate & Lyle plc (LON:TATE) news was published by Finance.Yahoo.com which published an article titled: “Should You Be Holding Tate & Lyle plc (LON:TATE)? – Yahoo Finance” on May 20, 2019.

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