Givaudan SA (OTCMKTS:GVDNY) Given Consensus Recommendation of “Hold” by Analysts

Givaudan SA (OTCMKTS:GVDNY) has been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several research firms recently weighed in on GVDNY. Berenberg Bank downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft upgraded shares of Givaudan from a “hold” rating to a “buy” rating in a report on Tuesday, June 9th. The Goldman Sachs Group upgraded shares of Givaudan from a “sell” rating to a “buy” rating in a report on Monday, June 8th. Zacks Research raised Givaudan from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Finally, Kepler Capital Markets downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th.

Givaudan Trading Down 2.8%

Shares of Givaudan stock opened at $84.63 on Thursday. Givaudan has a fifty-two week low of $65.97 and a fifty-two week high of $96.88. The business’s fifty day moving average is $76.35 and its two-hundred day moving average is $75.88. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13.

About Givaudan

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.