Deutsche Bank analyst Damian McNeela initiated coverage of Tate & Lyle with a Buy rating and 850 GBp price target. The firm says de-stocking has run its course and expects the company’s volumes to recover from the start of 2024 as price pressures reverse.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TATYY: