Jefferies Financial Group Downgrades Treatt (LON:TET) to Hold

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.

Treatt (LON:TET - Get Free Report) was downgraded by investment analysts at Jefferies Financial Group to a "hold" rating in a research report issued on Monday,Digital Look reports. They presently have a GBX 260 price objective on the stock, down from their prior price objective of GBX 350. Jefferies Financial Group's target price indicates a potential downside of 1.52% from the stock's previous close.

Several other equities research analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their target price on Treatt from GBX 200 to GBX 260 and gave the stock a "buy" rating in a research note on Monday, September 8th. Berenberg Bank cut their target price on Treatt from GBX 440 to GBX 250 and set a "buy" rating for the company in a research note on Thursday, July 24th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Treatt presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 256.67.

Treatt Stock Performance

LON TET opened at GBX 264 on Monday. The stock's fifty day moving average is GBX 228.99 and its two-hundred day moving average is GBX 268.56. The firm has a market capitalization of £155.64 million, a P/E ratio of 1,439.48 and a beta of 1.02. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.87 and a current ratio of 4.06. Treatt has a fifty-two week low of GBX 180 and a fifty-two week high of GBX 570.

About Treatt

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.

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