Tate & Lyle (OTCMKTS:TATYY) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Tate & Lyle (OTCMKTS:TATYY) to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Barclays lowered shares of Tate & Lyle from a “strong-buy” rating to a “hold” rating in a report on Friday, October 3rd. Morgan Stanley downgraded shares of Tate & Lyle to an “underweight” rating in a research note on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Tate & Lyle has an average rating of “Hold”.

Tate & Lyle Stock Performance

Shares of TATYY stock opened at $19.41 on Thursday. The firm has a fifty day simple moving average of $21.71 and a two-hundred day simple moving average of $26.85. Tate & Lyle has a 12 month low of $19.34 and a 12 month high of $38.12. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.21 and a current ratio of 2.16.

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 three segments: Food & Beverage Solutions, Sucralose, and Primary Products.