Givaudan (OTCMKTS:GVDNY) Rating Increased to Strong-Buy at Barclays

Givaudan (OTCMKTS:GVDNY) was upgraded by equities researchers at Barclays from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Givaudan Stock Performance

GVDNY opened at $86.93 on Thursday. Givaudan has a 1-year low of $79.46 and a 1-year high of $103.39. The company’s fifty day moving average price is $84.51 and its two-hundred day moving average price is $90.41. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.85 and a current ratio of 1.38.

About Givaudan

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.