Tate & Lyle PLC (LON:TATE) insider Warren Tucker acquired 4,321 shares of Tate & Lyle stock in a transaction that occurred on Wednesday, December 5th. The shares were purchased at an average cost of GBX 702 ($9.17) per share, with a total value of £30,333.42 ($39,635.99).

LON TATE opened at GBX 685.60 ($8.96) on Friday. Tate & Lyle PLC has a fifty-two week low of GBX 539.40 ($7.05) and a fifty-two week high of GBX 796.50 ($10.41).

The business also recently declared a dividend, which will be paid on Friday, January 4th. Stockholders of record on Thursday, November 22nd will be issued a GBX 8.60 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, November 22nd. This represents a dividend yield of 1.25%.

TATE has been the subject of several research reports. Liberum Capital reaffirmed a “buy” rating on shares of Tate & Lyle in a report on Thursday, November 8th. Citigroup reaffirmed a “neutral” rating on shares of Tate & Lyle in a report on Monday, September 17th. Credit Suisse Group reduced their price objective on Tate & Lyle from GBX 750 ($9.80) to GBX 700 ($9.15) and set a “neutral” rating for the company in a report on Monday, November 12th. Deutsche Bank lifted their price objective on Tate & Lyle from GBX 650 ($8.49) to GBX 675 ($8.82) and gave the stock a “hold” rating in a report on Friday, November 9th. Finally, Berenberg Bank lifted their price objective on Tate & Lyle from GBX 730 ($9.54) to GBX 740 ($9.67) and gave the stock a “hold” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 700.29 ($9.15).

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Tate & Lyle Company Profile

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 two segments, Speciality Food Ingredients and Bulk Ingredients.

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