Tate & Lyle ( (GB:TATE) ) has shared an update.
Tate & Lyle has announced a change in the voting rights held by BlackRock, Inc., a major shareholder. As of April 25, 2025, BlackRock’s total voting rights in Tate & Lyle have increased from 5.26% to 5.45%, indicating a slight increase in their stake. This adjustment in holdings reflects BlackRock’s continued interest and investment in Tate & Lyle, potentially impacting the company’s governance and strategic decisions.
Spark’s Take on GB:TATE Stock
According to Spark, TipRanks’ AI Analyst, GB:TATE is a Outperform.
Tate & Lyle scores well due to its strong financial health, solid valuation, and positive corporate events, reflecting confidence in future prospects. However, declining revenue and mixed technical indicators suggest caution in the near term. The successful integration of CP Kelco and strategic initiatives further enhance its outlook.
To see Spark’s full report on GB:TATE stock, click here.
More about Tate & Lyle
Tate & Lyle PLC is a UK-based company operating in the food and beverage industry, specializing in the production of ingredients and solutions such as sweeteners, texturants, and stabilizers. The company focuses on providing innovative solutions to enhance the taste, texture, and nutritional profile of food and beverages, catering to a global market.
YTD Price Performance: -15.01%
Average Trading Volume: 1,323,359
Technical Sentiment Signal: Buy
Current Market Cap: £2.43B
Find detailed analytics on TATE stock on TipRanks’ Stock Analysis page.