Tate & Lyle PLC 14.7% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Tate & Lyle PLC using EPIC/TICKER code (LON:TATE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Tate & Lyle PLC are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set a target price of 740 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.7% from today’s opening price of 645 GBX. Over the last 30 and 90 trading days the company share price has decreased 49.2 points and decreased 143 points respectively. The 1 year high for the share price is 811.4 GBX while the 52 week low is 493.83 GBX.

Tate & Lyle PLC has a 50 day moving average of 666.46 GBX and a 200 day moving average of 724.87. There are currently 468,407,701 shares in issue with the average daily volume traded being 1,746,045. Market capitalisation for LON:TATE is £3,022,166,537 GBP.

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