Treatt plc 68.3% potential upside indicated by Berenberg Bank

Treatt plc with ticker (LON:TET) now has a potential upside of 68.3% according to Berenberg Bank.



Berenberg Bank set a target price of 700 GBX for the company, which when compared to the Treatt plc share price of 416 GBX at opening today (16/02/2024) indicates a potential upside of 68.3%. Trading has ranged between 407 (52 week low) and 731 (52 week high) with an average of 107,005 shares exchanging hands daily. The market capitalisation at the time of writing is £254,856,378.

Treatt PLC is a United Kingdom-based natural extracts and ingredients manufacturer. The Company operates through a single segment, which is engaged in the manufacture and supply of innovative ingredient solutions for the beverage, flavor, fragrance and consumer product industries with manufacturing sites in the United Kingdom, the United States and China. Its activities include sales, manufacturing, technical, information technology (IT) and finance. The Company offers flavored ingredients for citrus; coffee; tea; health and wellness; herbs, spices and florals; fruit and vegetables; and aromas. Its fragrance ingredient range spans all the fragrance families. It also provides ingredients for personal care products, fine fragrances or for household applications. Its ingredients are present in food, beverage and personal care products in over 90 countries across the world. Its subsidiaries include R C Treatt & Co Limited, Treatt USA Inc and Treatt Trading (Shanghai) Company Limited.