Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

SYIEY has been the topic of a number of recent analyst reports. Jefferies Financial Group raised Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, September 1st. The Goldman Sachs Group cut Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Morgan Stanley restated an “overweight” rating on shares of Symrise in a research note on Thursday, August 27th. Sanford C. Bernstein raised Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Citigroup reiterated a “buy” rating on shares of Symrise in a research note on Friday.

Symrise Stock Performance

Shares of SYIEY opened at $26.53 on Friday. Symrise has a twelve month low of $19.31 and a twelve month high of $27.31. The company has a 50 day moving average of $25.92 and a two-hundred day moving average of $23.81.

About Symrise

Symrise AG is a Germany-based manufacturer of fragrance, flavor, and functional ingredient solutions. The company supplies ingredients and finished solutions used in consumer products, including foods and beverages, perfumes, cosmetics, personal-care products, household goods, and pet food.

Symrise operates through businesses focused on flavors, fragrances, cosmetic ingredients, and nutrition. Its products include flavor compounds, natural and synthetic fragrance ingredients, preservatives, active cosmetic ingredients, functional food ingredients, and specialized solutions for animal nutrition and pet-care applications.