How Many Tate & Lyle PLC (LON:TATE)’s Analysts Are Bearish?

July 12, 2017 - By Hazel Jackson

 How Many Tate & Lyle PLC (LON:TATE)'s Analysts Are Bearish?

Tate & Lyle PLC (LON:TATE) Ratings Coverage

Among 17 analysts covering Tate Lyle PLC (LON:TATE), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Tate Lyle PLC had 178 analyst reports since July 27, 2015 according to SRatingsIntel. Canaccord Genuity maintained the stock with “Buy” rating in Monday, May 23 report. The company was maintained on Monday, January 11 by Canaccord Genuity. Liberum Capital maintained it with “Buy” rating and GBX 795 target in Tuesday, November 1 report. The firm has “Hold” rating by Numis Securities given on Monday, February 1. On Tuesday, July 11 the stock rating was maintained by Liberum Capital with “Buy”. The rating was maintained by Jefferies on Friday, February 19 with “Buy”. The firm has “Hold” rating given on Thursday, May 25 by Shore Capital. Deutsche Bank maintained Tate & Lyle PLC (LON:TATE) on Thursday, July 30 with “Buy” rating. Shore Capital maintained Tate & Lyle PLC (LON:TATE) on Wednesday, July 29 with “Hold” rating. The rating was maintained by Societe Generale on Thursday, January 7 with “Buy”. Below is a list of Tate & Lyle PLC (LON:TATE) latest ratings and price target changes.

11/07/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 850.00 New Target: GBX 850.00 Maintain
07/07/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 725.00 New Target: GBX 725.00 Maintain
30/06/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 875.00 New Target: GBX 725.00 Downgrade
27/06/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 850.00 New Target: GBX 850.00 Maintain
13/06/2017 Broker: Kepler Cheuvreux Rating: Reduce Old Target: GBX 690.00 New Target: GBX 690.00 Maintain
07/06/2017 Broker: Jefferies Rating: Hold Old Target: GBX 870.00 New Target: GBX 800.00 Downgrade
06/06/2017 Broker: Citigroup Rating: Neutral New Target: GBX 800.00 Maintain
05/06/2017 Broker: Numis Securities Rating: Add Old Target: GBX 849.00 New Target: GBX 882.00 Upgrade
26/05/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 875.00 New Target: GBX 875.00 Maintain
25/05/2017 Broker: Shore Capital Rating: Hold Maintain

The stock increased 1.29% or GBX 8.5 on July 12, reaching GBX 668.5. About 2.01 million shares traded. Tate & Lyle PLC (LON:TATE) has 0.00% since July 12, 2016 and is . It has underperformed by 16.70% the S&P500.

Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The company has market cap of 3.11 billion GBP. The Company’s divisions include Speciality Food Ingredients and Bulk Ingredients. It has a 12.35 P/E ratio. The Speciality Food Ingredients segment’s product categories include dairy, beverage, bakery and convenience.

More news for Tate & Lyle PLC (LON:TATE) were recently published by: Seekingalpha.com, which released: “Why Tate & Lyle, PLC Isn’t On My Buy List” on December 13, 2016. Ft.com‘s article titled: “Tate & Lyle profits rise 85%” and published on May 25, 2017 is yet another important article.

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