Tate & Lyle plc (LON:TATE) Insider Sarah Kuijlaars Acquires 20,000 Shares of Stock

Tate & Lyle plc (LON:TATE) insider Sarah Kuijlaars purchased 20,000 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were bought at an average price of GBX 564 ($7.09) per share, for a total transaction of £112,800 ($141,851.11).

Tate & Lyle Stock Up 0.5 %

LON TATE opened at GBX 545.02 ($6.85) on Friday. The company has a debt-to-equity ratio of 47.66, a current ratio of 3.22 and a quick ratio of 1.77. The company’s 50 day simple moving average is GBX 627.92 and its 200 day simple moving average is GBX 680.91. Tate & Lyle plc has a 12 month low of GBX 531.50 ($6.68) and a 12 month high of GBX 848.50 ($10.67). The company has a market capitalization of £2.37 billion, a P/E ratio of 11.37, a PEG ratio of 1.37 and a beta of 0.50.

Analyst Ratings Changes

A number of research firms have commented on TATE. Citigroup dropped their price target on shares of Tate & Lyle from GBX 725 ($9.12) to GBX 610 ($7.67) and set a “neutral” rating on the stock in a research report on Tuesday. Berenberg Bank downgraded shares of Tate & Lyle to a “hold” rating and dropped their price target for the stock from GBX 900 ($11.32) to GBX 600 ($7.55) in a research report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Tate & Lyle from GBX 850 ($10.69) to GBX 950 ($11.95) and gave the stock a “buy” rating in a research report on Wednesday, December 11th.

About Tate & Lyle

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.