Sarah Kuijlaars Buys 15,000 Shares of Tate & Lyle plc (LON:TATE) Stock

Tate & Lyle plc (LON:TATE - Get Free Report) insider Sarah Kuijlaars bought 15,000 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The stock was purchased at an average price of GBX 518 ($6.95) per share, for a total transaction of £77,700 ($104,323.31).

Sarah Kuijlaars also recently made the following trade(s):

• On Wednesday, May 28th, Sarah Kuijlaars purchased 15,000 shares of Tate & Lyle stock. The stock was purchased at an average price of GBX 562 ($7.55) per share, for a total transaction of £84,300 ($113,184.75).

Tate & Lyle Stock Performance

LON TATE traded up GBX 2 ($0.03) during trading hours on Tuesday, hitting GBX 523 ($7.02). The company's stock had a trading volume of 1,691,343 shares, compared to its average volume of 3,418,033. The company has a market cap of £2.28 billion, a P/E ratio of 10.91, a price-to-earnings-growth ratio of 1.37 and a beta of 0.50. The company has a debt-to-equity ratio of 47.66, a current ratio of 3.22 and a quick ratio of 1.77. The company's 50 day simple moving average is GBX 549.83 and its two-hundred day simple moving average is GBX 565.41. Tate & Lyle plc has a 12 month low of GBX 460.40 ($6.18) and a 12 month high of GBX 848.50 ($11.39).

Tate & Lyle (LON:TATE - Get Free Report) last released its earnings results on Thursday, May 22nd. The company reported GBX 50.30 ($0.68) earnings per share for the quarter. Tate & Lyle had a return on equity of 15.37% and a net margin of 11.41%. As a group, sell-side analysts expect that Tate & Lyle plc will post 51.3392857 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TATE. Berenberg Bank increased their price target on shares of Tate & Lyle from GBX 600 ($8.06) to GBX 620 ($8.32) and gave the company a "hold" rating in a research note on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 800 ($10.74) price target on shares of Tate & Lyle in a report on Thursday, July 3rd.

About Tate & Lyle

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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