Treatt (LON:TET) Price Target Raised to GBX 260 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has increased its price target for Treatt (LON:TET) from GBX 200 to GBX 260, while maintaining a "buy" rating on the stock.
• Berenberg Bank has lowered its target price for Treatt from GBX 440 to GBX 250 but also holds a "buy" rating for the company.
• The average price target for Treatt among research analysts is currently GBX 386.67, indicating a generally positive outlook on the stock despite recent target adjustments.

Treatt (LON:TET - Free Report) had its price objective raised by Deutsche Bank Aktiengesellschaft from GBX 200 to GBX 260 in a research note issued to investors on Monday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank cut their target price on shares of Treatt from GBX 440 to GBX 250 and set a "buy" rating on the stock in a report on Thursday, July 24th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Treatt presently has a consensus rating of "Buy" and a consensus target price of GBX 386.67.

Treatt Stock Performance

Shares of Treatt stock traded up GBX 0.50 during trading on Monday, reaching GBX 264. The company's stock had a trading volume of 264,657 shares, compared to its average volume of 392,375. The company has a 50-day moving average price of GBX 228.67 and a two-hundred day moving average price of GBX 270.46. The firm has a market cap of £155.64 million, a PE ratio of 1,439.48 and a beta of 1.02. Treatt has a fifty-two week low of GBX 180 and a fifty-two week high of GBX 570. The company has a current ratio of 4.06, a quick ratio of 0.87 and a debt-to-equity ratio of 1.78.

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.