Key Points
- Insider purchase: Sarah Kuijlaars bought 15,000 Tate & Lyle shares on Nov 11 at GBX 390 each, a total stake of £58,500.
- Analyst consensus: The stock has a "Moderate Buy" consensus with an average price target of GBX 460—analysts are split (2 Buy, 2 Hold) and several brokers recently cut targets (e.g., Citi to GBX 540, Deutsche to GBX 460, UBS to GBX 390).
- Valuation & trading range: Shares trade around GBX 394.60 with a market cap of £1.74bn, P/E 11.44, and a 52‑week range of GBX 358–774, below its 50‑day (GBX 425.49) and 200‑day (GBX 502.66) moving averages.
Tate & Lyle plc (LON:TATE - Get Free Report) insider Sarah Kuijlaars acquired 15,000 shares of the company's stock in a transaction dated Tuesday, November 11th. The shares were acquired at an average price of GBX 390 per share, for a total transaction of £58,500.
Tate & Lyle Stock Performance
Shares of LON:TATE opened at GBX 394.60 on Wednesday. The firm has a 50 day moving average of GBX 425.49 and a 200 day moving average of GBX 502.66. 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 company has a market capitalization of £1.74 billion, a price-to-earnings ratio of 11.44, 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 358 and a 52 week high of GBX 774.
Tate & Lyle (LON:TATE - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported GBX 12.60 earnings per share (EPS) for the quarter. Tate & Lyle had a return on equity of 15.37% and a net margin of 11.41%. On average, sell-side analysts predict that Tate & Lyle plc will post 51.3392857 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Citigroup reduced their price objective on shares of Tate & Lyle from GBX 670 to GBX 540 and set a "buy" rating for the company in a research note on Thursday, October 2nd. Berenberg Bank reaffirmed a "hold" rating and set a GBX 450 price target on shares of Tate & Lyle in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on Tate & Lyle from GBX 800 to GBX 460 and set a "buy" rating for the company in a report on Thursday, October 2nd. Finally, UBS Group dropped their target price on Tate & Lyle from GBX 590 to GBX 390 and set a "neutral" rating on the stock in a research note on Friday, October 31st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 460.
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About Tate & Lyle
(
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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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