Treatt (LON:TET) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Key Points

• Deutsche Bank Aktiengesellschaft raised its price target for Treatt from GBX 260 to GBX 290, indicating a potential upside of 3.29% from the current price.
• Multiple research firms have recently downgraded their ratings on Treatt, with Berenberg Bank setting a new target of GBX 250 and Jefferies lowering its target to GBX 260.
• Treatt's stock has seen a slight decline of 0.1%, trading at GBX 280.76, with a current market cap of £165.52 million.

Treatt (LON:TET - Get Free Report) had its price target lifted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 260 to GBX 290 in a research note issued to investors on Monday,London Stock Exchange reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target suggests a potential upside of 3.29% from the stock's current price.

A number of other research firms have also weighed in on TET. Berenberg Bank cut their target price on shares of Treatt from GBX 440 to GBX 250 and set a "buy" rating for the company in a research report on Thursday, July 24th. Jefferies Financial Group lowered shares of Treatt to a "hold" rating and cut their price objective for the company from GBX 350 to GBX 260 in a research report on Monday, September 15th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of GBX 266.67.

Treatt Stock Down 0.1%

Shares of TET traded down GBX 0.24 during trading hours on Monday, hitting GBX 280.76. 322,321 shares of the company were exchanged, compared to its average volume of 411,453. The company has a market cap of £165.52 million, a PE ratio of 1,530.87 and a beta of 1.02. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.87 and a current ratio of 4.06. The firm's 50 day moving average is GBX 238.54 and its 200-day moving average is GBX 256.64. Treatt has a 52 week low of GBX 180 and a 52 week high of GBX 570.

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.

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