Symrise (OTCMKTS:SYIEY) Upgraded to “Hold” at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Symrise (OTCMKTS:SYIEY) to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Several other analysts have also recently weighed in on SYIEY. The Goldman Sachs Group cut shares of Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Morgan Stanley restated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, Jefferies Financial Group raised Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Symrise Price Performance

Shares of OTCMKTS SYIEY opened at $24.30 on Wednesday. Symrise has a 52-week low of $19.31 and a 52-week high of $26.16. The business has a fifty day moving average of $24.04 and a two-hundred day moving average of $22.35.

Symrise Company Profile

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.