Givaudan (OTCMKTS:GVDNY) Rating Lowered to Hold at Kepler Capital Markets

Givaudan (OTCMKTS:GVDNY) was downgraded by Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

GVDNY has been the topic of several other reports. The Goldman Sachs Group downgraded shares of Givaudan from a “strong-buy” rating to a “sell” rating in a report on Tuesday, February 10th. Barclays downgraded shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Friday, March 27th. Citigroup reaffirmed a “neutral” rating on shares of Givaudan in a report on Tuesday, February 3rd. Zacks Research downgraded shares of Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Givaudan in a report on Friday, January 30th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Givaudan Price Performance

OTCMKTS GVDNY opened at $68.35 on Wednesday. Givaudan has a 52 week low of $65.97 and a 52 week high of $103.39. The company has a quick ratio of 1.13, a current ratio of 1.74 and a debt-to-equity ratio of 0.92. The firm’s 50-day simple moving average is $70.53 and its two-hundred day simple moving average is $77.02.

Givaudan Company Profile

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.