Tate & Lyle PLC (OTCMKTS:TATYY) has been given an average rating of “Hold” by the eight research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company.
Several equities research analysts have issued reports on the stock. Societe Generale raised shares of Tate & Lyle from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Kepler Capital Markets raised shares of Tate & Lyle from a “hold” rating to a “buy” rating in a research note on Tuesday, February 13th. ValuEngine raised shares of Tate & Lyle from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research raised shares of Tate & Lyle from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Wednesday, November 8th. Finally, Jefferies Group raised shares of Tate & Lyle from a “hold” rating to a “buy” rating in a research note on Monday, October 23rd.
Shares of Tate & Lyle (TATYY) traded down $0.40 on Friday, reaching $31.31. 2,575 shares of the company’s stock traded hands, compared to its average volume of 2,591. Tate & Lyle has a 52 week low of $31.31 and a 52 week high of $42.20.
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Tate & Lyle Company Profile
Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The Company’s segments include Speciality Food Ingredients and Bulk Ingredients. The Speciality Food Ingredients segment’s product categories include dairy, beverage, bakery and convenience. The Bulk Ingredients segment’s product lines include bulk sweeteners for food and beverage customers, and industrial starches for paper and construction industries.
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