Treatt's (TET) "Buy" Rating Reaffirmed at Berenberg Bank

Key Points

• Berenberg Bank reiterated a "Buy" on Treatt with a GBX 270 price target, signalling an estimated 38.18% upside from the current price.
• Treatt opened at GBX 195.40 and has a market cap of £115.35m, trading close to its 52-week low (GBX 180) versus a 52-week high of GBX 340. The stock shows a PE of 23.37, last quarterly EPS of GBX 13.40, a net margin of 3.82% and ROE of 3.64%.

Treatt (LON:TET - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 270 price target on the stock. Berenberg Bank's target price indicates a potential upside of 38.18% from the stock's current price.

Treatt Price Performance

Treatt stock opened at GBX 195.40 on Friday. The company has a quick ratio of 0.87, a current ratio of 3.16 and a debt-to-equity ratio of 6.21. Treatt has a 52-week low of GBX 180 and a 52-week high of GBX 340. The firm has a market cap of £115.35 million, a PE ratio of 23.37 and a beta of 0.71. The company's 50 day moving average is GBX 207.85 and its two-hundred day moving average is GBX 225.84.

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