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Treatt plc ( (GB:TET) ) just unveiled an update.
Treatt plc announced transactions involving its CEO, David Shannon, and CFO, Ryan Govender, who both purchased ordinary shares through a dividend reinvestment plan. These transactions, conducted outside a trading venue, reflect the directors’ continued investment in the company, potentially signaling confidence in Treatt’s future performance and stability.
The most recent analyst rating on (GB:TET) stock is a Buy with a £650.00 price target. To see the full list of analyst forecasts on Treatt plc stock, see the GB:TET Stock Forecast page.
Spark’s Take on GB:TET Stock
According to Spark, TipRanks’ AI Analyst, GB:TET is a Neutral.
Treatt plc has a solid financial foundation, but technical indicators show bearish trends, and recent corporate events indicate mixed sentiment. The company’s low P/E ratio suggests potential undervaluation, although the technical and corporate challenges weigh on the overall score.
To see Spark’s full report on GB:TET stock, click here.
More about Treatt plc
Treatt plc is a company operating in the flavor and fragrance industry, specializing in the manufacture and supply of innovative ingredient solutions. The company focuses on providing natural extracts and flavorings to a diverse range of markets, including beverages, personal care, and household products.
Average Trading Volume: 485,036
Technical Sentiment Signal: Sell
Current Market Cap: £131.5M
Find detailed analytics on TET stock on TipRanks’ Stock Analysis page.