Treatt (LON:TET) Stock Rating Lowered by Jefferies Financial Group

Treatt (LON:TET) was downgraded by research analysts at Jefferies Financial Group to a “hold” rating in a research report issued on Monday, MarketBeat.com reports. They currently have a GBX 260 target price on the stock, down from their prior target price of GBX 350. Jefferies Financial Group’s target price would suggest a potential downside of 1.70% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Treatt from GBX 200 to GBX 260 and gave the company a “buy” rating in a report on Monday, September 8th. Berenberg Bank decreased their price target on Treatt from GBX 440 to GBX 250 and set a “buy” rating on the stock in a research note on Thursday, July 24th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Treatt has an average rating of “Moderate Buy” and an average target price of GBX 256.67.

Treatt Trading Up 0.2%

Shares of Treatt stock opened at GBX 264.50 on Monday. Treatt has a 52-week low of GBX 180 and a 52-week high of GBX 570. The company has a quick ratio of 0.87, a current ratio of 4.06 and a debt-to-equity ratio of 1.78. The company’s 50-day simple moving average is GBX 229.20 and its 200-day simple moving average is GBX 268.53. The firm has a market cap of £155.93 million, a price-to-earnings ratio of 1,442.20 and a beta of 1.02.

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.