Tate & Lyle plc (LON:TATE) Insider Sarah Kuijlaars Purchases 15,000 Shares

Tate & Lyle plc (LON:TATE) insider Sarah Kuijlaars bought 15,000 shares of the firm’s stock in a transaction on Tuesday, July 15th. The stock was purchased at an average price of GBX 518 ($6.94) per share, with a total value of £77,700 ($104,029.99).

Sarah Kuijlaars also recently made the following trade(s):

• On Wednesday, May 28th, Sarah Kuijlaars purchased 15,000 shares of Tate & Lyle stock. The shares were bought at an average price of GBX 562 ($7.52) per share, with a total value of £84,300 ($112,866.51).

Tate & Lyle Stock Up 0.4%

Shares of LON:TATE opened at GBX 523 ($7.00) on Wednesday. Tate & Lyle plc has a 52 week low of GBX 460.40 ($6.16) and a 52 week high of GBX 848.50 ($11.36). The company has a debt-to-equity ratio of 47.66, a quick ratio of 1.77 and a current ratio of 3.22. The company’s fifty day moving average is GBX 548.92 and its 200-day moving average is GBX 565.12. The company has a market capitalization of £2.28 billion, a PE ratio of 10.91, a P/E/G ratio of 1.37 and a beta of 0.50.

Tate & Lyle (LON:TATE) last released its quarterly earnings results on Thursday, May 22nd. The company reported GBX 50.30 ($0.67) earnings per share (EPS) for the quarter. Tate & Lyle had a return on equity of 15.37% and a net margin of 11.41%. Equities research analysts predict that Tate & Lyle plc will post 51.3392857 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on TATE shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 800 ($10.71) price target on shares of Tate & Lyle in a report on Thursday, July 3rd. Berenberg Bank raised their price objective on shares of Tate & Lyle from GBX 600 ($8.03) to GBX 620 ($8.30) and gave the company a “hold” rating in a research report on Wednesday, July 9th.

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 three segments: Food & Beverage Solutions, Sucralose, and Primary Products.