Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Treatt (LON:TET) Stock Price

Treatt (LON:TET) had its target price lowered by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 250 to GBX 215 in a research note issued on Friday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 9.92% from the company’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 270 target price on shares of Treatt in a research report on Friday. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 248.33.

Treatt Stock Performance

LON:TET opened at GBX 195.60 on Friday. The firm’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 current ratio of 3.16, a quick ratio of 0.87 and a debt-to-equity ratio of 6.21. Treatt has a twelve month low of GBX 180 and a twelve month high of GBX 340. The firm has a market capitalization of £115.47 million, a price-to-earnings ratio of 23.40 and a beta of 0.71.

Treatt (LON:TET) last announced its quarterly earnings results on Tuesday, January 20th. The company reported GBX 13.40 earnings per share (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 expect that Treatt will post 27.0420792 earnings per share for the current fiscal year.

About Treatt

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.