Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Consensus Recommendation of “Hold” from Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been given a consensus rating of “Hold” by the seven research firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

SYIEY has been the topic of several research analyst reports. Jefferies Financial Group raised Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Morgan Stanley reissued an “overweight” rating on shares of Symrise in a report on Tuesday, June 16th. Sanford C. Bernstein upgraded shares of Symrise to a “hold” rating in a research note on Wednesday, July 22nd. Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, The Goldman Sachs Group cut shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th.

Symrise Stock Performance

Shares of SYIEY opened at $26.35 on Thursday. The firm has a 50 day simple moving average of $24.58 and a two-hundred day simple moving average of $22.66. Symrise has a one year low of $19.31 and a one year high of $26.91.

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.