Tate & Lyle PLC (TATYY) Given Consensus Rating of “Hold” by Brokerages
Shares of Tate & Lyle PLC (OTCMKTS:TATYY) have been given a consensus recommendation of “Hold” by the six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company.
Several research firms have recently commented on TATYY. ValuEngine raised Tate & Lyle from a “sell” rating to a “hold” rating in a research report on Tuesday, May 29th. Zacks Investment Research raised Tate & Lyle from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Friday, June 22nd. Finally, Jefferies Financial Group downgraded Tate & Lyle from a “buy” rating to a “hold” rating in a research report on Wednesday, June 13th.
Tate & Lyle stock opened at $34.50 on Wednesday. Tate & Lyle has a 12 month low of $29.39 and a 12 month high of $38.25. The company has a market capitalization of $4.11 billion, a PE ratio of 12.97, a PEG ratio of 4.31 and a beta of 0.49.
Tate & Lyle Company Profile
Tate & Lyle Plc engages in the provision of ingredients and solutions to the food, beverage and other industries. It operates through the following segments: Food & Beverage Solutions, Sucralose, and Primary Products. The Food & Beverage Solutions and Sucralose segment provides solutions for customers that meet consumer demand for healthier and tastier food and drink.
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