Tate & Lyle traded at 346.40 this Thursday March 26th, increasing 7.60 or 2.24 percent since the previous trading session. Looking back, over the last four weeks, Tate & Lyle gained 8.02 percent. Over the last 12 months, its price fell by 33.70 percent. Looking ahead, we forecast Tate & Lyle to be priced at 330.73 by the end of this quarter and at 309.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tate & Lyle PLC is a global provider of ingredients and solutions for the food, beverage and industrial markets. The Company operates through three segments: Food & Beverage Solutions, Sucralose and Primary Products. The Food & Beverage Solutions segment operates in the categories of beverages, dairy, soups, sauces and dressings, and bakery. The Sucralose segment is a sweetener, which is used in various food categories and beverages. The Primary Products segment is focused on sweeteners and industrial starches. Its portfolio includes texturants, health and wellness ingredients, stabilizers, bulk sweeteners, acidulants and animal nutrition. Its solutions include sugar and calorie reduction, digestive health and fiber fortification, non-GMO alternatives and science-based solutions. The Company produces ingredients from agricultural raw materials mainly at corn wet mills and also at blending facilities.