Treatt (LON:TET) Sets New 1-Year High – Should You Buy?

Treatt plc (LON:TETGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 303 and last traded at GBX 301, with a volume of 93570 shares traded. The stock had previously closed at GBX 301.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TET. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Treatt from GBX 250 to GBX 215 and set a “hold” rating on the stock in a research report on Friday, March 27th. Berenberg Bank reissued a “buy” rating and set a GBX 270 price target on shares of Treatt in a research report on Friday, March 27th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 248.33.

View Our Latest Stock Report on Treatt

Treatt Price Performance

The firm has a market capitalization of £177.70 million, a P/E ratio of 41.69 and a beta of 0.68. The company has a debt-to-equity ratio of 4.64, a quick ratio of 0.87 and a current ratio of 3.39. The firm’s 50-day moving average is GBX 236.49 and its 200 day moving average is GBX 220.77.

Treatt (LON:TETGet Free Report) last announced its earnings results on Wednesday, April 29th. The company reported GBX 3.04 earnings per share for the quarter. The firm had revenue of GBX 5,986 million during the quarter. Treatt had a net margin of 3.40% and a return on equity of 3.22%. As a group, equities research analysts predict that Treatt plc will post 27.0420792 EPS for the current fiscal year.

About Treatt

(Get Free Report)

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.

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