Tate & Lyle (LON:TATE) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Tate & Lyle briefly traded above its 200‑day moving average (200‑day MA GBX 370.77), reaching GBX 372.80 intraday, but was last quoted at GBX 363.57, below that level.
• Deutsche Bank reiterated a Buy rating with a GBX 460 target; the stock's consensus is a Moderate Buy (two Buys, two Holds).
• Fundamentals show a market cap of £1.63bn and a high valuation (PE 65.79, PEG 1.37), with strong liquidity (current ratio 2.19, quick ratio 1.77) yet notable leverage (debt‑to‑equity 83.31).

Tate & Lyle plc (LON:TATE - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 370.77 and traded as high as GBX 372.80. Tate & Lyle shares last traded at GBX 363.57, with a volume of 1,393,664 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 460 target price on shares of Tate & Lyle in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Tate & Lyle currently has an average rating of "Moderate Buy" and a consensus price target of GBX 460.

Tate & Lyle Stock Performance

The company has a current ratio of 2.19, a quick ratio of 1.77 and a debt-to-equity ratio of 83.31. The business's 50 day moving average is GBX 355.53 and its two-hundred day moving average is GBX 370.77. The company has a market cap of £1.63 billion, a PE ratio of 65.79, a PEG ratio of 1.37 and a beta of 0.29.

Tate & Lyle Company Profile

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. The company offers dairy products, soups, sauces, and dressings; bakery products and snacks; texturants; nutritive sweeteners, such as high fructose corn syrup and dextrose; fibres; and stabilizers and functional systems.

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