Tate & Lyle (OTCMKTS:TATYY) Stock Rating Lowered by Berenberg Bank

Tate & Lyle (OTCMKTS:TATYY) was downgraded by stock analysts at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Tate & Lyle Stock Performance

TATYY opened at $28.16 on Wednesday. Tate & Lyle has a 12 month low of $27.43 and a 12 month 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 business has a 50-day moving average of $32.39 and a two-hundred day moving average of $35.27.

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.