Tate & Lyle PLC (OTCMKTS:TATYY) – Equities researchers at Jefferies Financial Group raised their FY2020 EPS estimates for shares of Tate & Lyle in a note issued to investors on Tuesday, November 5th. Jefferies Financial Group analyst M. Deboo now forecasts that the company will earn $2.53 per share for the year, up from their prior forecast of $2.49. Jefferies Financial Group also issued estimates for Tate & Lyle’s FY2022 earnings at $2.79 EPS.

Separately, Zacks Investment Research downgraded Tate & Lyle from a “hold” rating to a “sell” rating in a research note on Thursday.

Shares of OTCMKTS TATYY opened at $36.02 on Friday. The business’s 50 day moving average price is $35.23 and its 200 day moving average price is $36.89. Tate & Lyle has a 52 week low of $33.68 and a 52 week high of $41.20. The company has a quick ratio of 0.97, a current ratio of 1.61 and a debt-to-equity ratio of 0.25. The firm has a market cap of $4.05 billion, a P/E ratio of 13.19, a P/E/G ratio of 7.72 and a beta of 0.52.

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.

Further Reading: Momentum Indicator: Relative Strength Index

Earnings History and Estimates for Tate & Lyle (OTCMKTS:TATYY)

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