Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several equities research analysts recently issued reports on the company. Jefferies Financial Group raised Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday. Sanford C. Bernstein upgraded shares of Symrise to a “hold” rating in a research note on Wednesday, July 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a report on Thursday, August 27th. Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th.

Symrise Stock Down 1.2%

Shares of Symrise stock opened at $26.18 on Monday. Symrise has a 1-year low of $19.31 and a 1-year high of $27.31. The business’s fifty day moving average price is $25.73 and its two-hundred day moving average price is $23.37.

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.