Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Treatt (LON:TET) Stock

Treatt (LON:TET) had its price objective upped by analysts at Deutsche Bank Aktiengesellschaft from GBX 260 to GBX 290 in a research report issued on Monday, Marketbeat reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 3.29% from the company’s previous close.

TET has been the subject of a number of other research reports. Berenberg Bank reduced their price objective on Treatt from GBX 440 to GBX 250 and set a “buy” rating for the company in a research report on Thursday, July 24th. Jefferies Financial Group lowered Treatt to a “hold” rating and reduced their target price for the stock from GBX 350 to GBX 260 in a report on Monday, September 15th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 266.67.

Treatt Price Performance

TET opened at GBX 280.76 on Monday. The stock has a 50-day moving average price of GBX 240.05 and a 200-day moving average price of GBX 256.81. Treatt has a 12-month low of GBX 180 and a 12-month high of GBX 570. The company has a current ratio of 4.06, a quick ratio of 0.87 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of £165.52 million, a P/E ratio of 1,530.87 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.