Treatt (LON:TET) Receives Buy Rating from Jefferies Financial Group

Treatt (LON:TET - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Jefferies Financial Group in a research note issued on Friday, MarketBeat reports. They currently have a GBX 650 ($8.28) target price on the stock. Jefferies Financial Group's target price would suggest a potential upside of 36.84% from the company's current price.

Treatt Stock Performance

Shares of TET traded down GBX 0.50 ($0.01) during mid-day trading on Friday, reaching GBX 475 ($6.05). 48,043 shares of the company's stock were exchanged, compared to its average volume of 109,719. The business's fifty day simple moving average is GBX 452.39 and its 200-day simple moving average is GBX 454.33. The stock has a market capitalization of £288.42 million, a PE ratio of 2,638.89 and a beta of 1.02. Treatt has a 52-week low of GBX 365.29 ($4.66) and a 52-week high of GBX 570 ($7.26). The company has a debt-to-equity ratio of 8.82, a current ratio of 2.83 and a quick ratio of 0.87.

Treatt Company Profile

Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts and ingredients to the flavor, fragrance, beverage, and consumer product industries in the United Kingdom, Germany, Ireland, the United States, China, and internationally. The company offers flavor ingredients, such as citrus, coffee, tea, health and wellness, and fruits and vegetables extracts; Hics, aroma, and herb, spice, and floral ingredients.