Treatt plc (TET) Price Target Raised to GBX 290 at Investec
Treatt plc (LON:TET) had its target price upped by investment analysts at Investec from GBX 210 ($2.61) to GBX 290 ($3.60) in a report issued on Tuesday. The firm presently has a “buy” rating on the stock. Investec’s target price would indicate a potential upside of 7.01% from the company’s previous close.
Shares of Treatt plc (LON:TET) opened at 253.70 on Tuesday. The company’s 50-day moving average price is GBX 233.08 and its 200 day moving average price is GBX 193.68. Treatt plc has a one year low of GBX 159.25 and a one year high of GBX 272.00. The stock’s market capitalization is GBX 131.29 million.
In related news, insider Hope,Richard Andrew bought 2,940 shares of the stock in a transaction that occurred on Thursday, September 1st. The shares were bought at an average cost of GBX 98 ($1.22) per share, for a total transaction of £2,881.20 ($3,574.25).
Treatt plc Company Profile
Treatt PLC is a United Kingdom-based company, which is engaged in providing ingredient solutions. The Company is engaged in manufacturing and supplying ingredient solutions for the flavor, fragrance and consumer goods markets with manufacturing sites in the United Kingdom, the United States and Kenya.
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