Tate & Lyle PLC 15.6% 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 ‘Upgrades’ 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 their target price at 830 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.6% from today’s opening price of 718.2 GBX. Over the last 30 and 90 trading days the company share price has increased 47 points and increased 16.2 points respectively. The 1 year high for the share price is 810 GBX while the 52 week low is 655 GBX.

Tate & Lyle PLC has a 50 day moving average of 709.21 GBX and the 200 Day Moving Average price is recorded at 733.86. There are currently 468,379,944 shares in issue with the average daily volume traded being 1,475,807. Market capitalisation for LON:TATE is £3,403,248,239 GBP.

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