Tate & Lyle (OTCMKTS:TATYY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Tate & Lyle Ventures and Agri Investment Fund have co-led a 3.5m investment into Fugeia, a newly formed functional food technology business with a focus on gut health. “

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TATYY has been the subject of a number of other research reports. Societe Generale upgraded shares of Tate & Lyle from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. ValuEngine lowered shares of Tate & Lyle from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, Kepler Capital Markets raised shares of Tate & Lyle from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $42.00.

TATYY stock traded down $0.03 during midday trading on Tuesday, reaching $31.59. 166 shares of the company’s stock traded hands, compared to its average volume of 11,806. The firm has a market capitalization of $3,696.88, a PE ratio of 12.39, a price-to-earnings-growth ratio of 6.45 and a beta of 0.40. Tate & Lyle has a 52 week low of $29.39 and a 52 week high of $42.20.

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About Tate & Lyle

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through two segments, Speciality Food Ingredients and Bulk Ingredients.

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Analyst Recommendations for Tate & Lyle (OTCMKTS:TATYY)

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