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Home / Momentum / Tate & Lyle (TATE.L) 14-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Tate & Lyle (TATE.L) 14-01-20

Tate & Lyle (TATE.L) has been in a strong uptrend. Will it continue to set new recent highs?

 

  • Priced at 784.4p (at time of writing), momentum has been strong.
  • Will it come to an end, or is the trend your friend?
  • Could this be an opportunity for momentum traders?
  • Technical traders should be mindful of new developments, which can have an affect on trends.
  • Shares -2% from 12-month highs; +18% from 12 month lows.

Latest News

09 Dec:  Jefferies International has upgraded its rating on Tate & Lyle (TATE) to hold (from underperform) and increased the target price to 770p (from 635p).

26 Nov:  Goldman Sachs has upgraded its rating on Tate & Lyle (TATE) to buy (from neutral) and increased the target price to 830p (from 820p).

11 Nov:  Goldman Sachs reiterates its neutral rating on Tate & Lyle (TATE) and increased the target price to 820p (from 780p).

08 Nov:  Kepler Cheuvreux has upgraded its rating on Tate & Lyle (TATE) to hold (from reduce) and increased the target price to 720p (from 635p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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