Treatt (LON:TET) Earns “Buy” Rating from Berenberg Bank

Treatt (LON:TET)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 270 price target on the stock. Berenberg Bank’s target price indicates a potential upside of 38.18% from the stock’s current price.

Treatt Stock Down 1.8%

Shares of LON:TET opened at GBX 195.40 on Friday. The firm’s 50 day moving average price is GBX 207.85 and its 200 day moving average price is GBX 225.84. The stock has a market cap of £115.35 million, a price-to-earnings ratio of 23.37 and a beta of 0.71. Treatt has a fifty-two week low of GBX 180 and a fifty-two week high of GBX 340. The company has a quick ratio of 0.87, a current ratio of 3.16 and a debt-to-equity ratio of 6.21.

Treatt (LON:TET) last issued its quarterly earnings results on Tuesday, January 20th. The company reported GBX 13.40 earnings per share (EPS) for the quarter. Treatt had a net margin of 3.82% and a return on equity of 3.64%. As a group, equities research analysts predict that Treatt will post 27.0420792 earnings per share for the current fiscal year.

About Treatt

We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results. Our people are creative, technically excellent and dedicated – allowing us to develop and supply a range of ready-made or bespoke systems to suit even the most adventurous needs.