Treatt (LON:TET) Price Target Lowered to GBX 215 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank cut its price target from GBX 250 to GBX 215 and kept a "hold" rating, which implies roughly a 10.03% upside from the current share price.
• Berenberg reiterated a "buy" rating with a GBX 270 target; overall analyst coverage shows one Buy and two Hold ratings with an average target of GBX 248.33 and a consensus rating of "Hold".
• Treatt shares opened at GBX 195.40, trading below both the Deutsche Bank and consensus targets and beneath the 200‑day moving average (GBX 225.84); the company has a market cap of £115.35m and a P/E of 23.37.

Treatt (LON:TET - Get Free Report) had its target price dropped by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 250 to GBX 215 in a research report issued to clients and investors on Friday,London Stock Exchange reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price points to a potential upside of 10.03% from the company's current price.

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 270 price target on shares of Treatt in a research report on Friday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of GBX 248.33.

Treatt Price Performance

LON TET opened at GBX 195.40 on Friday. Treatt has a 1 year low of GBX 180 and a 1 year high of GBX 340. The business's fifty day moving average is GBX 207.85 and its two-hundred day moving average is GBX 225.84. The stock has a market capitalization of £115.35 million, a P/E ratio of 23.37 and a beta of 0.71. The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.87 and a current ratio of 3.16.

Treatt (LON:TET - Get Free Report) last released its quarterly earnings data on Tuesday, January 20th. The company reported GBX 13.40 earnings per share for the quarter. Treatt had a return on equity of 3.64% and a net margin of 3.82%. On average, research analysts forecast that Treatt will post 27.0420792 earnings per share for the current fiscal year.

Treatt Company Profile

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. Our people are creative, technically excellent and dedicated – allowing us to develop and supply a range of ready-made or bespoke systems to suit even the most adventurous needs.

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