Tate & Lyle Share News (TATE)
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(Sharecast News) - Analysts at Berenberg raised their target price on food and beverage ingredients supplier Tate & Lyle from 855.0p to 950.0p on Wednesday, stating the firm was now deserving of a valuation in line with its peers.
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BROKER RATINGS: Davy cuts easyJet to Neutral; Carnival raised to Hold
Read moreLONDON MARKET MIDDAY: Stocks down despite EU digital tax delay
Read moreTOP NEWS SUMMARY: Dealmaking brings big changes to DMGT, Tate & Lyle
Read moreTOP NEWS: Tate & Lyle to break up with sale of sweetener business
Read moreLONDON MARKET OPEN: Stocks lack direction amid EU digital tax worries
Read more(Sharecast News) - Tate & Lyle on Monday said it had agreed to sell a controlling stake in its primary products business in North America and Latin America to private equity outfit KPS Capital Partners for $1.3bn.
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* KPS Capital to pay $1.3 billion for controlling stake in unit* Tate & Lyle to return 500 million stg to shareholders* European primary products operations not part of deal (Adds shares, analyst comment, background, detail)By Yadarisa ShabongJuly ...
Read moreLONDON MARKET PRE-OPEN: Tate & Lyle sells assets; ASOS expands in US
Read moreLONDON MARKET CLOSE: FTSE 250 hits fresh record amid nonfarms caution
Read more(Sharecast News) - Tate & Lyle: Berenberg upgrades to buy with a target price of 855p.
Read moreLONDON MARKET MIDDAY: Stocks lack direction as investors eye US jobs
Read more(Sharecast News) - Berenberg upgraded its stance on shares of Tate & Lyle to 'buy' from 'hold' on Wednesday, pointing to the increasing likelihood that an eventual separation of the speciality Food & Beverage Solutions (FBS) unit and bulk Primary Products (PP) unit will occur.
Read moreBROKER RATINGS: Peel Hunt and Jefferies converge to say Hold Greencore
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