Tate & Lyle PLC (OTCMKTS:TATYY) Receives Average Rating of “Hold” from Brokerages

Shares of Tate & Lyle PLC (OTCMKTS:TATYY) have been assigned a consensus recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a strong buy recommendation on the company.

Separately, The Goldman Sachs Group upgraded shares of Tate & Lyle to a “hold” rating in a report on Thursday, November 20th.

Tate & Lyle Price Performance

OTCMKTS:TATYY opened at $21.37 on Thursday. The company has a quick ratio of 1.24, a current ratio of 2.19 and a debt-to-equity ratio of 0.73. Tate & Lyle has a 1-year low of $18.66 and a 1-year high of $33.23. The company has a 50-day moving average of $20.21 and a 200 day moving average of $23.06.

Tate & Lyle Company Profile

Tate & Lyle (OTCMKTS:TATYY) is a global provider of food and beverage ingredients, specializing in sweeteners, texturants and stabilizers. The company develops and supplies a diverse portfolio of products designed to enhance taste, texture and nutritional value for food and beverage manufacturers. Key offerings include high-intensity sweeteners, soluble and insoluble fibers, specialty starches and acidulants.

Operating through two main business units—Food & Beverage Solutions and Primary Products—Tate & Lyle serves a wide range of end markets.