Treatt (LON:TET) Stock Rating Lowered by Jefferies Financial Group

Key Points

• Jefferies Financial Group has downgraded Treatt (LON:TET) to a "hold" rating, reducing their price target from GBX 350 to GBX 260, suggesting a potential downside of 1.52% from the stock's previous close.
• Other analysts show mixed views, with Deutsche Bank maintaining a "buy" rating and raising their target to GBX 260, while Berenberg Bank decreased their target from GBX 440 to GBX 250.
• Treatt has a current market capitalization of £155.64 million, and its stock performance ranges from a 52-week low of GBX 180 to a high of GBX 570.

Jefferies Financial Group downgraded shares of Treatt (LON:TET - Free Report) to a hold rating in a report released on Monday, Marketbeat.com reports. The firm currently has GBX 260 target price on the stock, down from their previous target price of GBX 350.

A number of other research firms also recently commented on TET. Berenberg Bank dropped their price objective on Treatt from GBX 440 to GBX 250 and set a "buy" rating on the stock in a report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft increased their price objective on Treatt from GBX 200 to GBX 260 and gave the stock a "buy" rating in a report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Treatt presently has an average rating of "Moderate Buy" and an average price target of GBX 256.67.

Treatt Stock Down 1.6%

LON:TET traded down GBX 4.50 during mid-day trading on Monday, reaching GBX 269.50. The stock had a trading volume of 316,330 shares, compared to its average volume of 397,288. The business's 50 day moving average is GBX 230.49 and its 200 day moving average is GBX 266.77. Treatt has a fifty-two week low of GBX 180 and a fifty-two week high of GBX 570. The stock has a market cap of £158.88 million, a P/E ratio of 1,469.47 and a beta of 1.02. The company has a debt-to-equity ratio of 1.78, a current ratio of 4.06 and a quick ratio of 0.87.

Treatt Company Profile

We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results.