#TATE & Lyle – recommended 595p per share offer
- 2026-06-08 06:59:59
Back in February, I called Tate and Lyle (TATE) - a world leader in ingredient solutions for healthier food and beverages, operating for over 160 years - “Tate and Smile”. Does that still make sense and am I going to buy more shares after pacing through Thursday’s full year numbers?
A mere fifteen months ago, I wrote about why I was “warming up to Tate & Lyle (TATE)”. I concluded that article by observing that I made the share “a BUY compared to Friday’s close of just shy of a 675p share price”. How is the story now with Friday’s closing share price 788p a share (and the global supplier of food and beverage ingredients company founded over a hundred years ago pays a dividend as well).
Just under four months ago, here, I observed that ‘back in the year 2000 I remember looking at Tate & Lyle (TATE), the British-headquartered but globally focused company which aids its customers to ‘make food healthier and tastier’, which was founded after a merger back in 1921. I did very well on the shares back then, but I was not sure back in July this year, whether I was going to buy it again or not. And since then the shares have fallen a bit further, so based on last Thursday’s first half numbers should I be buying or not?
Back in the year 2000 I remember looking at Tate & Lyle (TATE), the British-headquartered but globally focused company which aides its customers to ‘make food healthier and tastier’. Of course that might include you buying its vanilla syrup, salted caramel syrup or pumpkin spice syrup 750ml products at your local supermarket. After all, the company was founded in 1921 from a merger of two rival sugar refiners: Henry Tate & Sons and Abram Lyle & Sons. So just a little bit of history there.
It is usually John Paul Getty who is given attribution for the wonderful 'by selling too soon' response to the question of how to get rich. Selling is an important discipline and there is certainly no crime in taking a few profits...which brings us to Tate & Lyle (TATE). Maybe I have been consuming too many sugar - or sucralose - laced products recently but I feel pretty pleased with this one, telling everyone to get stuck in earlier this year and then suggesting a hope price of 7 quid a share in May after an initial bounce. Well hold the front page...it has happened following Thursday's results publication.









