Tate & Lyle (OTCMKTS:TATYY - Get Free Report) was upgraded by stock analysts at Citigroup from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Friday, Marketbeat.com reports.
Several other brokerages have also recently weighed in on TATYY. Barclays upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Berenberg Bank downgraded shares of Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th.
Check Out Our Latest Report on Tate & Lyle
Tate & Lyle Stock Up 1.9%
Tate & Lyle stock traded up $0.62 during mid-day trading on Friday, hitting $32.67. 4,057 shares of the company's stock were exchanged, compared to its average volume of 3,686. Tate & Lyle has a fifty-two week low of $24.61 and a fifty-two week high of $44.76. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.46 and a current ratio of 3.38. The company's 50 day simple moving average is $28.60 and its 200-day simple moving average is $31.67.
Tate & Lyle Company Profile
(
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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.
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