Tate & Lyle PLC Upgraded to Buy at Societe Generale (TATYY)
Tate & Lyle PLC (OTCMKTS:TATYY) was upgraded by equities researchers at Societe Generale from a “hold” rating to a “buy” rating in a research report issued on Monday, American Banking News reports.
Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Tate & Lyle PLC from a “sell” rating to a “neutral” rating in a research note to investors on Thursday.
Shares of Tate & Lyle PLC (OTCMKTS:TATYY) remained flat at $48.1595 during trading on Monday. Tate & Lyle PLC has a 52 week low of $43.68 and a 52 week high of $53.48. The stock’s 50-day moving average is $49.84 and its 200-day moving average is $51.07. The company has a market cap of $5.584 billion and a price-to-earnings ratio of 12.81.
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