Tate & Lyle stock (TATE) stock has been on a constant rise for the past year to date, rising by +72.00 (10.53%) year to date. As a result, it has attracted the attention of London stock exchange investors.

To help stock traders eying the Tate & Lyle stock (TATE), Invezz has created a brief article on what it is and the best places to buy it.


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What is Tate & Lyle stock?

Tate & Lyle stock is the stock of Tate & Lyle PLC Company and it trades on the London Stock Exchange under the ticker LON: TATE.

In a nutshell, Tate & Lyle PLC is a British-based, global supplier of beverage and food ingredients to industrial markets. It started as a sugar refining company but later started diversifying before completely doing away with the sugar refining business.

It is headquartered in London, United Kingdom.

Should I buy the TATE stock today?

If you are looking to take advantage of a stock that has been on a constant rise, then the TATE stock could be a good choice.

However, it is always important to seek professional advice before investing in any stock.

Tate & Lyle stock price prediction

Based on a forecast from several stock analysts, the price of Tate & Lyle stock (TATE) is expected to continue with its current Bull Run. It is expected to hit £800 before the end of the first quarter of 2022.

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