Treatt (LON:TET – Free Report) had its price objective reduced by Deutsche Bank Aktiengesellschaft from GBX 250 to GBX 215 in a research note released on Friday,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.
Separately, Berenberg Bank restated a “buy” rating and set a GBX 270 price target on shares of Treatt in a research report on Friday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 248.33.
Check Out Our Latest Stock Report on Treatt
Treatt Stock Down 1.7%
Treatt (LON:TET – Get Free Report) last announced its earnings results on Tuesday, January 20th. The company reported GBX 13.40 earnings per share (EPS) for the quarter. Treatt had a return on equity of 3.64% and a net margin of 3.82%. Analysts forecast that Treatt will post 27.0420792 earnings per share for the current year.
Treatt Company Profile
We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results. Our people are creative, technically excellent and dedicated – allowing us to develop and supply a range of ready-made or bespoke systems to suit even the most adventurous needs.
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