Baader Bank Reiterates €92.00 Price Target for Symrise (FRA:SY1)

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Symrise (FRA:SY1) received a €92.00 ($106.98) target price from investment analysts at Baader Bank in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Baader Bank’s price target points to a potential upside of 5.60% from the stock’s current price.

SY1 has been the topic of a number of other research reports. Sanford C. Bernstein set a €77.00 ($89.53) price objective on Symrise and gave the stock a “neutral” rating in a research note on Friday, November 8th. Warburg Research set a €89.00 ($103.49) target price on Symrise and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Bank of America set a €100.00 ($116.28) target price on Symrise and gave the stock a “buy” rating in a report on Friday, September 20th. Goldman Sachs Group set a €98.50 ($114.53) target price on Symrise and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Morgan Stanley set a €81.00 ($94.19) target price on Symrise and gave the stock a “neutral” rating in a report on Monday, September 30th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €85.64 ($99.58).

Shares of Symrise stock traded down €0.36 ($0.42) on Wednesday, reaching €87.12 ($101.30). 244,985 shares of the company were exchanged. Symrise has a one year low of €56.96 ($66.23) and a one year high of €73.48 ($85.44). The company has a 50-day moving average of €86.52 and a 200 day moving average of €85.44.

About Symrise

Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.

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Analyst Recommendations for Symrise (FRA:SY1)

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