Treatt (LON:TET) Earns “Buy” Rating from Berenberg Bank

Treatt (LON:TET)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research report issued on Friday, MarketBeat reports. They currently have a GBX 270 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 38.04% from the stock’s current price.

Treatt Stock Down 1.7%

Shares of LON:TET opened at GBX 195.60 on Friday. The company has a quick ratio of 0.87, a current ratio of 3.16 and a debt-to-equity ratio of 6.21. Treatt has a 52-week low of GBX 180 and a 52-week high of GBX 340. The stock’s fifty day simple moving average is GBX 207.40 and its 200-day simple moving average is GBX 225.11. The company has a market capitalization of £115.47 million, a P/E ratio of 23.40 and a beta of 0.71.

Treatt (LON:TET) last posted its quarterly earnings data on Tuesday, January 20th. The company reported GBX 13.40 EPS for the quarter. Treatt had a return on equity of 3.64% and a net margin of 3.82%. As a group, equities research analysts forecast that Treatt will post 27.0420792 earnings per share for the current fiscal 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.