X

Get trading opportunities to your inbox

There’s no charge for this.

In addition to regular trading opportunities, I would also like to receive the Weekly Newsletter and occasional Market Report emails. You can unsubscribe at any time.
Getting latest data loading
X

Request a Call to Trade

In addition to the daily Research emails, I would also like to receive the Accendo Markets Weekly Newsletter and occasional Market Report emails highlighting various trading opportunities.
When you enter your telephone number, we may call or message you occasionally with trading opportunities. You can opt out at any time
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

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.