Givaudan SA (OTCMKTS:GVDNY) Given Consensus Rating of “Hold” by Brokerages

Shares of Givaudan SA (OTCMKTS:GVDNY) have been assigned a consensus recommendation of “Hold” from the nine research firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms recently issued reports on GVDNY. Zacks Research upgraded shares of Givaudan from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Kepler Capital Markets downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a research note on Thursday. Sanford C. Bernstein began coverage on Givaudan in a report on Wednesday, July 22nd. They issued a “strong sell” rating for the company. Finally, Jefferies Financial Group downgraded Givaudan from a “buy” rating to a “hold” rating in a research note on Tuesday.

Givaudan Stock Up 3.2%

GVDNY stock opened at $81.52 on Friday. Givaudan has a 12 month low of $65.97 and a 12 month high of $90.69. The firm’s fifty day simple moving average is $82.36 and its 200-day simple moving average is $76.54. The company has a quick ratio of 1.13, a current ratio of 1.74 and a debt-to-equity ratio of 0.92.

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.