Symrise (SYIEY) Projected to Post Earnings on Thursday

Symrise (OTCMKTS:SYIEY) will likely be posting its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.5380 per share and revenue of $2.8922 billion for the quarter.

Symrise Price Performance

OTCMKTS:SYIEY opened at $25.41 on Wednesday. The stock’s 50 day simple moving average is $24.23 and its 200-day simple moving average is $22.45. Symrise has a 12-month low of $19.31 and a 12-month high of $26.16.

Wall Street Analyst Weigh In

SYIEY has been the subject of several recent research reports. The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a research note on Wednesday, July 22nd. Jefferies Financial Group upgraded shares of Symrise to a “hold” rating in a research report on Wednesday, April 22nd. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Symrise in a report on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Symrise has an average rating of “Hold”.

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.