Tate & Lyle PLC (TATYY) Stock Rating Reaffirmed by Citigroup Inc.
Tate & Lyle PLC (OTCMKTS:TATYY)‘s stock had its “neutral” rating reissued by equities research analysts at Citigroup Inc. in a research note issued on Thursday.
TATYY has been the subject of a number of other research reports. BNP Paribas downgraded shares of Tate & Lyle PLC from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 9th. Societe Generale downgraded shares of Tate & Lyle PLC from a “buy” rating to a “hold” rating in a research report on Monday, November 7th. Davy Research reiterated a “neutral” rating on shares of Tate & Lyle PLC in a research report on Thursday, November 3rd. Finally, Zacks Investment Research downgraded shares of Tate & Lyle PLC from a “hold” rating to a “sell” rating in a research report on Thursday, November 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.00.
Shares of Tate & Lyle PLC (OTCMKTS:TATYY) opened at 34.90 on Thursday. The company’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. Tate & Lyle PLC has a 12 month low of $30.80 and a 12 month high of $41.04.
About Tate & Lyle PLC
Tate & Lyle PLC provides ingredients and solutions to the food, beverage and other industries. The Company operates through two business segments: Speciality Food Ingredients, which offers products, such as sweeteners, texturants, health and wellness, and food systems, and Bulk Ingredients segment, which offers products, such as liquid sweeteners, industrial starches, citric acid, bio-fuels and animal feed.
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