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.

The company also recently announced a Semi-Annual dividend, which was paid on Monday, August 13th. Stockholders of record on Friday, June 22nd were given a $1.043 dividend. The ex-dividend date of this dividend was Thursday, June 21st. Tate & Lyle’s payout ratio is 76.32%.

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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