Tate & Lyle plc (LON:TATE - Get Free Report) insider Sarah Kuijlaars bought 20,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average price of GBX 564 ($7.17) per share, for a total transaction of £112,800 ($143,347.31).
Tate & Lyle Trading Down 1.6 %
Tate & Lyle stock traded down GBX 8.50 ($0.11) during midday trading on Tuesday, reaching GBX 527 ($6.70). The stock had a trading volume of 4,507,279 shares, compared to its average volume of 3,433,656. The company has a quick ratio of 1.77, a current ratio of 3.22 and a debt-to-equity ratio of 47.66. The firm has a market cap of £2.29 billion, a price-to-earnings ratio of 10.99, a price-to-earnings-growth ratio of 1.37 and a beta of 0.50. Tate & Lyle plc has a 52-week low of GBX 525.50 ($6.68) and a 52-week high of GBX 848.50 ($10.78). The company has a fifty day moving average of GBX 625.39 and a 200 day moving average of GBX 680.55.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Berenberg Bank downgraded shares of Tate & Lyle to a "hold" rating and decreased their price target for the company from GBX 900 ($11.44) to GBX 600 ($7.62) in a research note on Tuesday, February 18th. Citigroup reduced their price objective on Tate & Lyle from GBX 725 ($9.21) to GBX 610 ($7.75) and set a "neutral" rating on the stock in a research note on Tuesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Tate & Lyle from GBX 850 ($10.80) to GBX 950 ($12.07) and gave the company a "buy" rating in a research note on Wednesday, December 11th.
Check Out Our Latest Stock Analysis on Tate & Lyle
Tate & Lyle Company Profile
(
Get Free Report)
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.
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