Citi analyst Cedric Besnard upgraded Tate & Lyle to Buy from Neutral with a price target of 670 GBp, up from 610 GBp. The stock’s valuation is not reflecting the company’s portfolio transition, the analyst tells investors in a research note. Citi sees an attractive risk/reward.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TATYY: