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An announcement from Tate & Lyle ( (GB:TATE) ) is now available.
Tate & Lyle PLC has announced the grant of awards over ordinary shares as part of its Performance Share Plan 2020 to key managerial personnel, including CEO Nick Hampton and CFO Sarah Kuijlaars. These conditional awards are contingent on meeting specific performance criteria over a three-year period, reflecting the company’s commitment to aligning management incentives with long-term performance goals.
The most recent analyst rating on (GB:TATE) stock is a Hold with a £7.25 price target. To see the full list of analyst forecasts on Tate & Lyle stock, see the GB:TATE Stock Forecast page.
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 operates in the food and beverage industry, focusing on the production of ingredients and solutions that enhance the taste, texture, and nutritional value of products. The company is known for its expertise in sweeteners, texturants, and health and wellness ingredients, serving a global market.
Average Trading Volume: 1,126,464
Technical Sentiment Signal: Sell
Current Market Cap: £2.44B
Learn more about TATE stock on TipRanks’ Stock Analysis page.