Tate & Lyle PLC (TATYY) Given Consensus Recommendation of “Hold” by Analysts
Shares of Tate & Lyle PLC (OTCMKTS:TATYY) have been assigned an average recommendation of “Hold” from the seven analysts that are covering the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $39.00.
Several brokerages have recently issued reports on TATYY. Zacks Investment Research upgraded Tate & Lyle PLC from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research report on Tuesday, August 30th. Davy Research reiterated a “neutral” rating on shares of Tate & Lyle PLC in a research report on Thursday, November 3rd. Societe Generale downgraded Tate & Lyle PLC from a “buy” rating to a “hold” rating in a research report on Monday, November 7th. BNP Paribas downgraded Tate & Lyle PLC from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 9th. Finally, Citigroup Inc. reiterated a “neutral” rating on shares of Tate & Lyle PLC in a research report on Thursday, November 10th.
Tate & Lyle PLC (OTCMKTS:TATYY) opened at 33.45 on Friday. Tate & Lyle PLC has a 12 month low of $30.80 and a 12 month high of $41.04. The stock’s 50 day moving average price is $0.00 and its 200-day moving average price is $0.00.
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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