Tate & Lyle PLC (OTCMKTS:TATYY) Given Average Rating of “Hold” by Analysts

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

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

Tate & Lyle Price Performance

Tate & Lyle stock opened at $21.73 on Thursday. The firm has a 50-day moving average of $20.25 and a 200-day moving average of $22.96. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19. Tate & Lyle has a one year low of $18.66 and a one year high of $33.23.

About Tate & Lyle

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.