Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

550.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 807.00p
  • 52 Week Low: 481.20p
  • Currency: UK Pounds
  • Shares Issued: 445.45m
  • Volume: 432,052
  • Market Cap: £2,449.95m
  • RiskGrade: 93

Citi upgrades Tate & Lyle to 'buy'

By Michele Maatouk

Date: Friday 16 May 2025

LONDON (ShareCast) - (Sharecast News) - Citi upgraded Tate & Lyle on Friday to 'buy' from 'neutral' as it said the risk/reward looks attractive ahead of the capital markets day.
"Tate's valuation seems stuck at levels commonly seen for commoditised players despite its portfolio migration, which in our view appears to be due to the market focusing on potentially misleading elasticity metrics," it said.

"This perception could be addressed at the July CMD should the company demonstrate that 'new Tate' has secured a broader access to the reformulation profit pool, decoupling from end market weakness whilst supporting a 7-9% EBITDA algo post FY26 transition."

It pointed to scope for the valuation gap versus peers to be closed and limited downside risk to FY25 earnings.

At 1030 BST, the shares were up 2% at 597.18p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tate & Lyle Market Data

Currency UK Pounds
Share Price 550.00p
Change Today 3.00p
% Change 0.55 %
52 Week High 807.00p
52 Week Low 481.20p
Volume 432,052
Shares Issued 445.45m
Market Cap £2,449.95m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.73% below the market average47.73% below the market average47.73% below the market average47.73% below the market average47.73% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
35.3% below the market average35.3% below the market average35.3% below the market average35.3% below the market average35.3% below the market average
53.33% below the sector average53.33% below the sector average53.33% below the sector average53.33% below the sector average53.33% below the sector average
Income
40.22% above the market average40.22% above the market average40.22% above the market average40.22% above the market average40.22% above the market average
62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average
Growth
15.85% below the market average15.85% below the market average15.85% below the market average15.85% below the market average15.85% below the market average
30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 3
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tate & Lyle Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Jun-25 21-Nov-24
Paid 01-Aug-25 06-Jan-25
Amount 13.40p 6.40p

Trades for 22-Aug-2025

Time Volume / Share Price
15:48 0 @ 550.50p
15:42 5 @ 550.00p
16:35 115 @ 550.00p
16:35 1,787 @ 550.00p
16:35 2,266 @ 550.00p

Tate & Lyle Key Personnel

CEO Nick Hampton
Chair David Hearn
CFO Sarah Kuijlaars

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