Symrise AG (FRA:SY1) Receives Average Rating of “Hold” from Brokerages

Symrise AG (FRA:SY1) has received a consensus recommendation of “Hold” from the nineteen brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is €85.66 ($99.60).

Several analysts have weighed in on SY1 shares. UBS Group set a €88.00 ($102.33) price target on Symrise and gave the company a “neutral” rating in a report on Tuesday, October 1st. Kepler Capital Markets set a €81.00 ($94.19) price target on Symrise and gave the company a “neutral” rating in a report on Tuesday, October 29th. Deutsche Bank set a €94.00 ($109.30) price target on Symrise and gave the company a “buy” rating in a report on Monday. Warburg Research set a €89.00 ($103.49) price target on Symrise and gave the company a “neutral” rating in a report on Tuesday, November 5th. Finally, Baader Bank set a €85.00 ($98.84) price target on Symrise and gave the company a “neutral” rating in a report on Tuesday, October 29th.

FRA:SY1 opened at €87.36 ($101.58) on Tuesday. The business’s 50-day moving average price is €86.60 and its two-hundred day moving average price is €85.37. Symrise has a twelve month low of €56.96 ($66.23) and a twelve month high of €73.48 ($85.44).

About Symrise

Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.

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Analyst Recommendations for Symrise (FRA:SY1)

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