Broker Recommendations
Deutsche Bank downgrades Tate & Lyle to 'hold' after Ingredion deal
By Michele Maatouk
Date: Friday 26 Jun 2026
(Sharecast News) - Deutsche Bank cut its recommendation on Tate & Lyle on Friday to 'hold' from 'buy' after the company agreed to be taken over by US peer Ingredion in a £2.7bn deal.
The bank noted that following Ingredion's firm offer for Tate, the shares have risen to 556p.
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