Treatt plc (LON:TET) had its price objective raised by research analysts at Investec from GBX 210 ($2.61) to GBX 290 ($3.60) in a report released on Tuesday. The firm currently has a “buy” rating on the stock. Investec’s target price would suggest 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 firm’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 12-month low of GBX 159.25 and a 12-month high of GBX 272.00. The company’s market capitalization is GBX 131.29 million.
In other news, insider Hope,Richard Andrew bought 2,940 shares of the business’s stock in a transaction that occurred on Thursday, September 1st. The shares were purchased at an average cost of GBX 98 ($1.22) per share, with a total value of £2,881.20 ($3,574.25).