Tate & Lyle (LON:TATE - Get Free Report) had its price target boosted by analysts at Barclays from GBX 760 ($9.62) to GBX 790 ($10.00) in a report issued on Tuesday, MarketBeat.com reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's target price would suggest a potential upside of 29.40% from the company's previous close.
Tate & Lyle Stock Performance
TATE traded up GBX 4 ($0.05) during trading on Tuesday, hitting GBX 610.50 ($7.73). The stock had a trading volume of 807,283 shares, compared to its average volume of 1,170,553. The company has a debt-to-equity ratio of 52.89, a quick ratio of 1.77 and a current ratio of 2.88. The firm has a market capitalization of £2.45 billion, a P/E ratio of 1,419.77, a PEG ratio of 2.03 and a beta of 0.49. The company's 50-day moving average price is GBX 608.16 and its 200 day moving average price is GBX 631.50. Tate & Lyle has a twelve month low of GBX 587 ($7.43) and a twelve month high of GBX 837.50 ($10.60).
Tate & Lyle Company Profile
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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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