Tate & Lyle Share News (TATE)

Monday broker round-up UPDATE

Abcam: Investec raises target price from 504p to 552p and retains a buy recommendation. Britvic: Nomura raises target price from 630p to 680p maintaining its buy recommendation. Cranswick: Panmure Gordon reduces target price from 1200p to 1140p and maintains a hold recommendation. First Group: Je

Sunday share tips: Royal Mail, Tate & Lyle, WH Smith

Long-term investors buying Royal Mail shares in its flotation should do so for the company's dividend yield of up to 7.7 per cent but they need to watch the stock closely, the Mail on Sunday's Midas column advised. More nimble investors could make quick gains because the shares are likely to be pric

London close: Markets in 'wait-and-see' mode as shutdown continues

After fluctuating between gains and losses for most of the day, the FTSE 100 finished broadly flat on Friday as stocks struggled for direction. In the absence of economic news and ongoing political uncertainty in the States, markets remain in "wait-and-see mode", according Senior Market Analyst Mic

FTSE 100 movers: Standard Life leads financials higher

Financials were performing relatively well today with insurers Standard Life, Prudential, Resolution and RSA moving higher, along with banking groups HSBC and RBS. Standard Life was boosted by JP Morgan, which reiterated its 'overweight' rating on the stock, and commented that growth continued to

Broker tips: Barclays, GlaxoSmithKline, Tate & Lyle

Investec has raised its recommendation for banking group Barclays from 'add' to 'buy' and retained its 300p target price despite what is expected to be a 'lacklustre' third-quarter report on October 30th. Analyst Ian Gordon said that the upgrade is due to a combination of: passing rights issues-rel

London midday: UK markets lack direction as US budget impasse persists

After a slow start, the FTSE 100 had erased losses by midday on Friday but markets remain subdued as stocks struggle for direction in the absence of economic news and ongoing political uncertainty in the States. Since the partial shutdown of the US government has extended into its fourth day, gove

UK WINNERS & LOSERS: Carpetright Slips As Tate & Lyle Leads Blue-Chip Gainers

STOCKS NEWS EUROPE-Tate rallies after first-half results

Shares in sweetner-maker Tate & Lyle rise 1.7 percent after its first-half results as analysts say a lot of bad news is already in Tate's share price after a 3 percent fall since the start of the year. Tate's shares are among top gainers on a flat FTSE 100 index and have gone through 76 per

Broker snap: Jefferies cuts Tate & Lyle target on sucralose pricing

Jefferies has cut its target price for Tate & Lyle from 980p to 900p after a mixed second-quarter trading update from the sweeteners and ingredients firm on Friday. Group trading was said to be "broadly in line" with management expectations in the three months to September 30th, although adjusted o

MARKET COMMENT: Tate & Lyle's News Is Sweet But Carpetright Is Downtrodden

Friday broker round-up UPDATE

Aberdeen Asset Management: JP Morgan lowers target price from 523p to 509p maintaining an overweight rating. Admiral Group: Canaccord Genuity cuts target price from 1200p to 1160p retaining its sell recommendation. API Group: Numis downgrades to add with a target price of 85p. Arbuthnot Banking G

London open: Stocks fall as US shutdown continues

Markets look to end the week on a quiet note with stocks lacking direction in the absence of the all-important US jobs report; the FTSE 100 fell slightly in the red on Friday morning. Since the partial shutdown of the US government has extended into its fourth day, governmental agencies and departm

London pre-open: FTSE to track US markets lower

City sources predict the FTSE 100 will open around 20 points lower than yesterday's close of 6,449.04, tracking US markets which finished around one per cent lower on Thursday as the government shutdown entered its third day. Markets are hoping that Congress will agree to raise the $16.7tn debt li

Tate & Lyle profits down in second quarter due to US softness

Sweeteners and food ingredients group Tate & Lyle said that adjusted operating profits in the second quarter were in line with expectations but slightly below last year due to softness in the US beverage sector. The company said this was as a result of the cold spring and slow start to the summer

Tate & Lyle Expects Lower First-Half Profits Due To Softness In US Beverage Sector